American economic activity has declined in recent weeks at a rate not seen since the Great Depression.

Former prime minister Levi Eshkol once said that “when the US sneezes, Israel gets pneumonia.” With the US expected to enter a recession because of businesses shutting down due to the coronavirus pandemic, Israel may need to hold back requests for additional military aid, some experts have speculated.

American economic activity has declined in recent weeks at a rate not seen since the Great Depression, and the International Monetary Fund predicted last week that the world is heading for a recession greater than the one in 2008 due to the coronavirus shutdown.

Combine that with a US political climate in which foreign aid and involvement in the affairs of other countries has fallen out of favor, and this could mean Israel will not be able to rely on the US as much as it has in the past.

Continue reading