cross-posted from: https://lemmy.ml/post/20788199

Jessica Corbett
Sep 27, 2024

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6 points

Main thing the US gets from Israel is Market Capital Export.

Israel accounts for what, like 30-40% of all recent American acquired startups?

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7 points

Do you have a source for this?

My understanding is the primary trade between the U.S and Israel is diamonds. We each export over $1B worth of diamonds and also each import over $1B worth of diamonds between one another. In the past year, the U.S. imported about half a billion dollars more from Israel than it exported to Israel (again mostly diamonds in both directions).

The diamond trade between our countries does not justify our participation in unnecessary wars (or genocides) in my opinion. It seems unlikely to be the reason we are so committed to this relationship. I think AIPAC’s financial involvement in our elections represents a much bigger reason we support Israel.

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2 points

“Diamonds”

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1 point

Money laundering from countries we don’t want to deal with or are under sanctions.

They did the same with south Africa under apartheid, sold SA oranges as Israeli.

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