🎥 If we had a proper financial system, car production would not be possible

🎥 If we had a proper financial system, car production would not be possible

Hossein Moqiseh, automotive industry expert on IRNA's Talaghi program:

🔹 The recurrence of ongoing inflation reduces the value of the car manufacturers' debt and reduces their bankruptcy problem.

🔹 Distribution of rent, high-interest currency, negative real interest of the financial system and similar cases, despite the many problems they have; This prevents the car manufacturers from declaring bankruptcy.

If we had a sound economic financial system in Israel, the car manufacturers and many industries would be completely bankrupt.

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