Israelâ€™s assault on Gaza has totally demolished its vibrant recovery and growth since the previous war of destruction. In 2011 the economy of Gaza grew by 20%; after the recent Israeli attack who would dare consider Gaza as a place to live and invest?
Though Israel may have air superiority, the Palestinians' missile offensive took the Israelis by surprise and caught them with their pants down. They were shitting big time. It was the turn of the Palestinians to launch their version of the "shock and awe" campaign. Uncle Sam and President Obama almost had a heart attack!
While Netanyahu publically announced support for a Palestinian state on the West Bank, his government has threaten to end the Oslo Accords if the United Nations General Assembly granted Palestine with non-member observer state status.