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Israel-Palestine-Jordan
UN trade body warns of PA economic collapse
2006-09-13
The United Nations' trade and development agency warned Tuesday that the Palestinian economy was declining dramatically, leading to a worsening this year of already high unemployment and poverty levels in the West Bank and Gaza Strip. "The economy of the occupied Palestinian territory is on the verge of collapse," the U.N. Conference on Trade and Development said, adding that "projections indicate economic decline to levels not seen for a generation."
Somehow they still manage to afford lotsa guns and ammo, and lotsa rockets.
The Geneva-based body, known by its acronym, UNCTAD, said per-capita income in the Palestinian territories would fall in 2006 to half of what it was before an outbreak of Israeli-Palestinian fighting late in 2000. Median income, it projected in its 19-page report, would also fall well below the absolute poverty line and more than half the Palestinian work force will be affected by unemployment by the end of the year.
Posted by:Fred

#11  "No mo money Akbar. How are we going to blow ourselves up?" "Well Ali, how 'bout you eat this baking soda and I'll drink this vinegar. Then we'll have sex and see what happens."
Posted by: Intrinsicpilot   2006-09-13 13:25  

#10  Say, don't you remember, they called me Ali; it was Ali all the time.
Say, don't you remember, I'm your pal? Buddy, can you spare a dime?
Posted by: tu3031   2006-09-13 11:58  

#9  Using the typical Paleo as an example, can someone explain the value of human life ?
Last I read it was around $5 for the elements once rendered.
If you belive as I that they are worth next to nothing, then can we save some of them and help them to become productive ?
Yes, but only the very young, and a few others. But considering the cost of helping them and the fact that the Paleos are just the tip of the iceberg, the total cost of saving , and helping to become productive far exceeds the cost of the bombs and bullets needed to wipe them out. However, if we separate them, save them, and help them to become productive, we will feel better. And if we bomb them into extinction, we will destroy that in us which is good and human.
This is where it pays to be an elite. You get someone else to do the dirty work so your own feelings will not suffer, and at the same time you can stand just out of reach and protest.
My only escape from this dilemma is to fool the muzzies into exterminating themselves, while we feel good blaming the whole thing on the democrats and the MSM.
Wake me up, this is a nightmare.
Posted by: wxjames   2006-09-13 11:52  

#8  Somehow they still manage to afford lotsa guns and ammo, and lotsa rockets.

I'm not so sure they can. The level of violence seems to be down. The Paleos came in a distant second to Hezb'Allah in the last war and look like a bunch of losers to every one.

It is not even clear that Iran is prepared to restore Hezb'Allah's spent munitions. Why would anyone invest in the loser Paleos? They don't even have a leadership to give the money to. The Paleos face abandonment by their Arab and Euro allies. Then they'll become more familiar with Mr. Rock and Mr. Hardplace.
Posted by: Nimble Spemble   2006-09-13 11:26  

#7  What's keeping it afloat now? I can't imagine anybody willing to invest in a state that they have more than a fifty percent chance of losing everything and the payoff is maybe marginal at best. To my knowledge the only growth industry in the PA is begging. They are very good at playing victims of oppression, but they canÂ’t even produce enough water/power/food to sustain their population. How about instead of buying another shipment of arms they build a wind farm, desalination plant, or a modern farm that can produce food. Next year build more and repeat until the country comes out of the 10th century.
Posted by: Cyber Sarge   2006-09-13 11:12  

#6  I am just trying to imagine a collapse of something so dysfunctional... not sure... darn...help me out here...
Posted by: twobyfour   2006-09-13 11:00  

#5  violin for collapse of terrorist welfare state: .
Posted by: Kalle (kafir forever)   2006-09-13 10:17  

#4  When did the paleos ever have 'an economy'? They've always depended either on weapons and ammo food and financial relief from surrounding Arab states or from Israel itself.
Posted by: mcsegeek1   2006-09-13 08:38  

#3  Somehow they still manage to afford lotsa guns and ammo, and lotsa rockets.

I have this hunch that these are part of Syrian/Iranian "humanitarian aid". Can't live without anti-tank missiles, you know.
Posted by: gorb   2006-09-13 05:17  

#2  Speaking of disproportionate concern, that'll always be the sickening preoccupation of UNCTAD and the UN.
Posted by: Duh!   2006-09-13 02:54  

#1  UN trade body warns of PA economic collapse

They say this like it's a bad thing.
Posted by: Zenster   2006-09-13 00:26  

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