…On a final note of good news just before the Holy Sabbath: Stanley Fischer, head of the Bank of Israel, presented a 321-page report card on the economy yesterday to the government and he says the economy is in a good shape. Expected growth this year is 3.1%; there is nothing like that, I think, elsewhere in the West. Indeed, in 2011, it was a whopping 4.7%; and unemployment dropped to 5.6%, the lowest level in 30 years.

Go figure. The rest of the West is crashing, and we are not. “A people that dwells alone.”