11:05
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News Brief

  11/21/2013, Kislev 18, 5774

Top Economist Say Lapid Lied, Israel a ‘Paradise for Oligarchs’


Centralization in Israel’s economy not only robs many citizens of their purchasing power, but puts the country’s economic future at risk, economist and former Accountant General Yaron Zelicha warned, speaking this week at the Real Estate Conference in Eilat.

Zelicha told Arutz Sheva, “Speaking from my modest experience and knowledge, what I think needs to be done… I think the Israeli economy is a paradise for oligarchs and for the wealthy and for swindlers who are going around and are essentially robbing the public of its purchasing power.”