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Biden and Netanyahu to discuss Potential economic plans for Gaza centred around offshore natural gas fields (www.haaretz.com)
submitted 2 years ago* by to c/world@lemmy.world
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[–] 7 points 2 years ago (2 children)

Can't read the article because it's pay walled...

But I can see Israel taking a cut for "security" or some bullshit. Maybe even outright taking it and using a tiny slice of proceeds for "the betterment of Gaza" that doesn't do anything but enrich Israeli companies.

I don't know how the US could profit off this tho.

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  • [–] 2 points 2 years ago

    Just having allies sell oil for dollars instead of some other currency already helps the US a lot. It's called seigniorage, the more people use the US dollar, the more they can print without feeling much inflation. The whole gulf war was fought to ensure those countries traded oil in US dollar.

    In the last year or two, several countries have traded oil for another currency for the first time in ages. Which is big. With Iran sponsoring Palestine a lot, they might have similar ideas. The Arabs of all people understand the oppressive tactics of the US and their currency.

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  • [+] -23 points 2 years ago (2 children)

    Maybe even use the money to pay back for all the resources Israel provides Gaza for free.

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  • [–] 8 points 2 years ago (1 child)

    While it is expensive to level entire city blocks, most people would like it to only happen when they choose to demolish a building. Not just randomly

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  • [+] -14 points 2 years ago (1 child)

    I'm talking about water, fuel, and electricity. You clearly don't seem to care about that, but are rather more interested in pushing your narrative.

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  • [–] 0 points 2 years ago

    I’m talking about water, fuel, and electricity

    Oh, the utilities Israel won't let Gaza control so they can shut off access whenever they want for as long as they want?

    As collective punishment against an ethnic group for the actions of a few extremists?

    The thing that violates the Genova Convention?

    Yeah, they do that too.

    But acting like Israel is a good guy for that, is like claiming space owners were helping slaves because they fed and housed them. Which is generally considered a shitty take used by racists to excuse horrible behavior....

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  • [–] 6 points 2 years ago

    Consider why Gaza has to depend on that outside aid. It’s not because they want to, it’s because Israel has stolen all of their land they could use to support themselves, and has locked them in an open air prison eliminating the opportunity for a functioning export-driven economy that cities typically use to import the materials they don’t have immediately around them. It’s like locking someone in a prison cell and then “generously” providing them with a daily meal and water.

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