Infolive.tv Exclusive - Will The American Economic Crisis Spill Over Onto Israel?

In the wake of the catastrophic collapse of the Lehman Brothers financial firm, the American stock market has experienced its worst share price losses since the September 11th terror attacks. The American economic crisis also sent the Tel Aviv Stock Exchange into a sharp downturn sending waves of fear through Israel that the country may be in line for an American style meltdown. Infolive.tv took to the streets of Jerusalem to speak with the Israeli public about their views on the potential economic crisis. While Israel’s stock market fell across the board yesterday, no one knows whether the recent downturn is just a temporary aftershock from the American meltdown or the warning signal of Israel’s own economic crisis. For now all Israelis can do is stay optimistic and hope that this round of economic Russian roulette plays out in Israel’s favor. 09/17/08