$31 Billion War Burden: Israel's Financial Crisis Deepens

Israel is facing a severe financial crisis as the cost of the ongoing war skyrockets to $31 billion. With much of the funding coming from increased taxes and heavy borrowing, the government is struggling to maintain its economic stability. This has led to a downgrade in Israel's credit rating, further increasing interest rates for businesses, local governments, and households.

As a result, everyday citizens, especially the working class, are feeling the financial strain with higher costs for mortgages, credit cards, and loans.

Discover the shocking impact of Israel's war economy and how it’s affecting the nation’s financial future.