Comments on: The long Palestinian money trail http://www.yourish.com/2007/12/11/4094 Cutting straight to the point Mon, 13 Feb 2012 02:14:35 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Charles Barton http://www.yourish.com/2007/12/11/4094/comment-page-1#comment-30071 Charles Barton Tue, 11 Dec 2007 16:51:46 +0000 http://www.yourish.com/2007/12/11/4094#comment-30071 When The PLO took over the West Bank and the Gaze Strip, the Palestinian economy was growing rapidly. Economist predicted a convergence of living standards between the Palestinian territories and Israel within a generation. The first thing that Arafat did was to give his inner circle a strangle hold on the Palestinian economy. In addition the efficient and fair system of Justice, imposed by the israelies on the Palestinians, was replaced by a corrupt capricious Palestinian Authority system. The Palestinian economy began to shrink and after 2000 it started to collapse. Today the Palestinian economy is a disaster. More than a few Palestinians would like to return to Israeli control. When The PLO took over the West Bank and the Gaze Strip, the Palestinian economy was growing rapidly. Economist predicted a convergence of living standards between the Palestinian territories and Israel within a generation. The first thing that Arafat did was to give his inner circle a strangle hold on the Palestinian economy. In addition the efficient and fair system of Justice, imposed by the israelies on the Palestinians, was replaced by a corrupt capricious Palestinian Authority system.

The Palestinian economy began to shrink and after 2000 it started to collapse. Today the Palestinian economy is a disaster. More than a few Palestinians would like to return to Israeli control.

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