Economically, Israel is a lot like China.
Israel is using the tax revenues it collects on its new Natural Gas fields to pay off its foreign debt and acquire assets abroad.
This is done with a healthy, export-oriented economy as the backbone to Israel’s asset expansion. Instead of aiming for a strong currency where we can focus on consuming other people’s work, we strive to keep our local currency weak so we can sell what we produce to other nations hungry to consume everything in sight.
Our economy is less weighed down by debt. It's super flexible, and it's growing much like The Red Dragon of Asia.