Gaza’s Economy in Ruins Following Jewish Invasion

Daily Slave
August 24, 2014

The Jews just can’t stop destroying Gaza’s infrastructure.

The Jews really did a number on the Gaza Strip’s already poor economy destroying factories and farm land that were valuable to the local economy.

It is being estimated that the economic damages suffered are three times greater than were incurred during Operation Cast Lead back in 2008-2009.  Combine this with the Israeli blockade and the Gaza economy is going to be in really poor shape for awhile which undoubtedly was part of the goal the Jews had in mind with this indiscriminate slaughter and destruction.

The Guardian:

Gaza‘s economy will take years to recover from the devastating impact of the war, in which more than 360 factories have been destroyed or badly damaged and thousands of acres of farmland ruined by tanks, shelling and air strikes, according to analysts.

Israeli air strikes on Gaza have resumed since a temporary ceasefire brokedown on Tuesday after rockets were fired from Gaza. The Israeli Defence Force said it launched air strikes on 20 sites on Friday morning and Gaza health officials said two Palestinians were killed in an attack on a farm.

Almost 10% of Gaza’s factories have been put out of action, said the Palestinian Federation of Industries. Most other industrial plants have halted production during the conflict, causing losses estimated at more than $70m (£42m), said the union of Palestinian industries. The UN’s food and agriculture organisation (FAO) said about 42,000 acres of croplands had sustained substantial direct damage and half of Gaza’s poultry stock has been lost due to direct hits or lack of care as access to farmlands along the border with Israel became impossible.

More than 9% of the annual fishing catch was lost between 9 July and 10 August, it added.

“The initial indications are that economic damage caused by the war is three times that of the 2008-9 conflict,” said Gaza-based economist Omar Shaban, referring to the Israeli military operation, codenamed Cast Lead. “It’s huge.”

Unemployment would increase from the prewar rate of 40%, a result of factory destruction, he said. “Recovery will depend on the terms of the ceasefire agreement – whether the siege is lifted, and how quickly. But it will take a minimum of two to three years even if it is lifted.”