Economic Development in Israel

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Israel's economy has grown rapidly at an average rate of about ten percent annually, in spite of poor natural resources.

The modern economic growth of Israel is not a mirage in the desert. It is real and it is a product of great determination and untold sacrifices of its people in building their own nation.

This nation is now a modern, democratic, and industrial state. It is basically an urban society. This means that the phenomenal economic success of Israel has been achieved despite thousands of years of persecutions and invasions by the Assyrians, Babylonians, Romans, and Germans.

In manufacturing sector, The Tel-Aviv-Yafo area is Israel's major manufacturing center. It has over half of Israel's factories. They had to import large amounts of equipment and raw materials. As a result, the nations imports greatly exceed exports in value. Income from various sources makes up the difference. These source include grants and loans from other countries, and income from tourists.They have also chemicals, clothing and textiles, finished diamonds, machinery, metals, processed foods, transportation equipment, wood products.

In agricultural sector, Israeli farmers produce about three-fourths of their country's food. Exported foods cover the cost of importing the rest. The chief farm products include oranges and other citrus fruits, and eggs, milk, and poultry. Other important products are cotton, livestock, sugar beets, vegetables, and wheat.

The Israelites traveled in the desert for 40 years. Moses became the Prince of Egypt although he discovered that he was an Israelite.

At present, the Promise Land or Land of Israel is a great nation. God has indeed fulfilled his promise to Abraham, and later on to the children of Israel. The enemies of the Land of Israel have destroyed many time its people and achievements.

I myself as the author of this article before it will be my book later on.

Who Says No One Could Have Seen the US Housing Crash Coming - A Book Review

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AppId is over the quota

Many politicians and even the media claim that no one saw the housing bubble burst coming. Well, that is so silly, it's almost ludicrous as anyone that studies real estate cycles, or economics would agree. Still, if you happen to be amongst the masses who actually believe such purported media claims, I'd sure like to recommend a very good book to you. The book is called:

"The Coming Crash in the Housing Market; 10-Things You Can Do Now to Protect Your Most Valuable Investment," by John R. Talbott; McGraw Hill, New York, NY; (2003); ISBN: 0-07-142220-X.

The first chapter is titled; "Housing Prices Certainly Look Awfully High," and to imagine that first chapter title of this book was written in 2003, long before the insanity of the bubble that took us well into 2005. Chapter 4 goes into much detail; "Why a Crash is Likely." In chapter six he gets into the regionality of the housing bubble and gets it almost exactly spot on, that chapter is titled; "Are Home Prices a Regional or National Problem?"

In the final chapter and summary he decries the policies and viability of Fannie Mae and Freddie Mack, boy was he right. So, who is John R. Talbott? Well, he was a former VP of investment banking division of Goldman Sachs, and a visiting scholar at UCLA's Anderson School of Business. So, you might say he had somewhat of an inside track, but really just about anyone who'd lived through the S&L Crisis or was a real estate agent in 1993 understood good and well, where we were headed.

The charts and graphs in the book tell it all, and predict the calamity that was allowed to build the bubble to an incredible and obviously unsustainable point. Although he called the problem much earlier, those who let it build way beyond the point of return are to blame. The continuous propping up of the status quo at Fannie and Freddie ended in disaster as we all know.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes that if you have diabetes you need to understand the information on the disease; diabetes info [http://type1forum.com/]

Note: All of Lance Winslow's articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers. Lance Winslow believes those who use these strategies lack integrity and mislead the reader. Indeed, those who use such cheating tools, crutches, and tricks of the trade may even be breaking the law by misleading the consumer and misrepresenting themselves in online marketing, which he finds completely unacceptable.