In late September, as "Israel's" almost year-long genocide in Gaza spread and its credit rating was reduced once more, Israeli Finance Minister, Bezalel Smotrich, claimed that, while under stress, the economy remained robust.
"Israel's economy bears the burden of the longest and most expensive war in the country's history," Smotrich said on September 28.
Karnit Flug, a former governor of "Israel’s" central bank, told CNN that a more intense war will "take a heavier toll on economic activity and growth."
The war has drastically deteriorated the situation in Gaza, driving it into an economic and humanitarian disaster long ago, while the West Bank is "undergoing a rapid and alarming economic decline," according to a UN study released last month.
The Lebanese economy, meanwhile, might shrink by much to 5% this year as a result of cross-border strikes between the Lebanese Resistance - Hezbollah - and "Israel", according to BMI, a market research organization owned by Fitch Solutions.