[lbo-talk] FT on massacre

Max Sawicky sawicky at verizon.net
Wed Jun 2 10:20:38 PDT 2010


2.5% of U.S. GDP would be over ten percent of Federal gov revenues, and hard to replace.

On Wed, Jun 2, 2010 at 12:05 PM, Eric Beck <ersatzdog at gmail.com> wrote:
> On Wed, Jun 2, 2010 at 8:38 AM, Doug Henwood <dhenwood at panix.com> wrote:
>
>
> U.S. transfers are about 2.5% of Israeli GDP, so it's not *completely*
> inconceivable that Israel could do without U.S. aid, especially given
> Israel's fairly advanced capitalist economy and considering the
> possibility of other powers, say China or Europe, filling the gap. But
> I agree with you. The U.S. has largely financed the occupation and
> Israel would be in deep fiscal trouble without it.



More information about the lbo-talk mailing list