Sunday, 21 September 2025

Moody’s economists are sounding alarms about rising deficits and the government’s loss of budgetary control.

 https://x.com/iwasnevrhere_/status/1969581568508215471

Thomas Keith
Moody’s economists are sounding alarms about rising deficits and the government’s loss of budgetary control. The Manufacturers’ Association, hardly a radical body, confesses it has not seen such a grim economic picture in years. Half of Israeli exporters have had contracts canceled outright, with 76% reporting direct harm from the war. The numbers are devastating: 84% of manufacturers saw cancellations from the European Union, 31% from the United States, and 54% of new clients refuse to deal with Israel altogether. Importers, too, face mass cancellations.

https://x.com/iwasnevrhere_/status/1969581568508215471

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