| `All it would take to upend our excellent economic situation would be for a US president to murmur something like "I`m mulling my relationship with Israel." Banks would instantly cut off our credit lines, the dollar would soar against the shekel, inflation would surge, foreign investors would flee, the balance of payments surplus would become a deficit, and growth would be replaced by recession,` is nonsense. The US president, and the presidential aspirants, have been breathing fire and brimstone against a number of nations for years, and, whatever the details of their balances of payments, none of them is collapsing. The remarks about the army and the occupation that follow, are non sequiturs, since they reflect on policies, not on the economy as such. |
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