Economist Shir Hever: Israelis have “no faith“ in their economy’s future

Israel’s far-right government just announced plans to raise taxes and implement “tough“ spending cuts to fund its genocidal wars. These new austerity measures were preceded by a devastating contraction in Israel’s economy since October 2023. Dimitri Lascaris speaks with economist Shir Hever about the current state of Israel’s economy and the country’s future economic prospects. According to Hever, Israelis have “no faith“ in their economic future, the economy is “driving off a cliff“, and Israelis are “panicking“ about government plans to force them to invest their pensions in Israeli companies.