Iran launched a direct attack on Israel over the weekend, including drones and missiles. Although Israel was able to successfully intercept the attacks, there is uncertainty regarding potential Israeli retaliation. David Bloomberg of Bloomberg Capital discusses the state of the Israeli economy in light of these developments in an interview with Yahoo Finance.
Bloomberg notes that the Israelis are somewhat used to such threats, as they have experienced various crises in the past 25 years. Despite this, the country has managed to maintain consistent growth. With a GDP per capita of $54,000, Israel's economy has demonstrated resilience and the ability to thrive even during the crisis.
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