Israeli Ambassador Ron Dermer – Israel’s Capitalist Revolution

I encourage you all to watch this.
One of the reasons, is because he says many of the views that I have expressed in the halls of Goldrock for quite some time!

http://tinyurl.com/k7x9wjr


1. Capitalism is moral, much more "social justice" oriented than socialism. Israel is on the right trend line

2. The chareidim (ultra orthodox) is a huge economic opportunity, similar to the Russian immigration that occurred 20+ years ago. As intelligent and more educated ultra orthodox enter the work force, Israel will experience growth.

3. Buy in beer sheva – anything real estate!

4. Israel's biggest economic risk is brain drain – innovation is our currency.

5. The natural gas find will be a big economic story for the next decade (good thing we found it 65 years late)

6. Israel should put in a railway from Eilat to Ashdod for east to west goods distribution (ship to Eilat, rail to Ashdod, ship to EU)

Enjoy!