The Palestinian Territories have dismal economies that barely function, yet many of their leaders, administrators, and supporters flaunt lavish lives of sheikhs. How is this the case?
A strong economy is the foundation of national strength. It was England's sophisticated financial system and maritime trade that allowed it to resist Napoleon when he controlled most of Europe. It was American industrial might that allowed it to build a massive military in record time for WW2. And it is Israeli high tech that makes it an important power in the Middle East.
A strong economy depends on rule of law and effective government. It was wonderful news to read this article and realize, once again, that the Palestinian territory will not have an economy like Singapore or Taiwan any time soon. In that, the Palestinians have indeed gotten the government they deserve.
A strong economy is the foundation of national strength. It was England's sophisticated financial system and maritime trade that allowed it to resist Napoleon when he controlled most of Europe. It was American industrial might that allowed it to build a massive military in record time for WW2. And it is Israeli high tech that makes it an important power in the Middle East.
A strong economy depends on rule of law and effective government. It was wonderful news to read this article and realize, once again, that the Palestinian territory will not have an economy like Singapore or Taiwan any time soon. In that, the Palestinians have indeed gotten the government they deserve.
Israeli