Senior Palestinian economist Dr. Fouad Bseiso, who served as the first governor of the Palestinian Monetary Authority in 1994-2001 said in an interview with Al-Quds TV that global Judaism is responsible for the global financial crisis of 2008. Dr. Bseiso added that "what was written in the 4th protocol of the Protocols of the Elders of Zion is now being implemented." He said that the Jews control the prices of commodities like oil, silver, and gold and that over 30% of Israel’s income comes from its plundering of Arab countries. "Global Judaism," he said, "constitutes a virus and plague which strikes at the entire world." The interview aired on April 5, 2016.
Following are excerpts
TV Host Dr. Omar Al-Jayousi: Dear viewers, the fourth protocol of The Protocols of the Elders of Zion says: "Through speculations, all the riches will enter our coffers." This indeed happened. But is it possible to estimate the amount plundered by the Zionists from Palestine and the neighboring countries since the occupation?
As an expert in economics, is it possible to estimate how much the Zionists have plundered from the land of Palestine and from the other Islamic countries?
Fouad Bseiso: Before I turn to the Israeli plundering of Palestine, and of the Arab and Islamic world - and of the world as a whole - I would like to stress that what was written in that 4th protocol of The Protocols of the Elders of Zion is now being implemented on the world's economy, through the global Jewish hegemony over the world's financial markets.
They do it by inventing economic tools, bonds, and financial derivatives, which absorb most of the Arab savings. By investing in these financial derivatives, one buys contracts, not commodities. One can buy oil contracts. It's all on paper. That way the Jews control the prices of strategic commodities, like oil, silver, gold, and others. They control the rise and fall of prices, and are the number one beneficiaries of fluctuations in the world's financial markets. This was proven by the global financial crisis of 2007-2008.
Omar Al-Jayousi: You mean the last one that took over America...
Fouad Bseiso: Yes. It started in America, its financial markets, and its banks, and from there, it engulfed the world, which is still affected by it. Therefore, I say very clearly that global Judaism, which controls the world's financial markets, constitutes a virus and a plague, which strikes at the entire world.
Omar Al-Jayousi: You mean that the Jews are behind this crisis?
Fouad Bseiso: Yes, yes.
In 2013, the Israeli income was 273 trillion...
Other panel member: Is this in shekels or dollars?
Fouad Bseiso: In dollars.
In my estimate, no less than 30% of this income came from the plundering of Palestine and the Arab and Islamic world, through the absorption of Arab financial investments. As for Palestine, we conducted a study that proves that the occupation financed the cost of occupying Gaza and the West Bank... We have proven through accurate financial calculations that they even gained more than the cost of the occupation through all the millions that were transferred to the Israeli treasury. This is with regard to Palestine. As for the Arab world, I'd like to point out that we are not talking only about the plundering of resources, but about denying Arab development as well. I wrote this in the press. Israel was established...
Omar Al-Jayousi: Dr. Bseiso, please note that we do not say "Israel" on this show, in order to avoid normalization. We call it "the Israeli entity," for example...
Fouad Bseiso: Yes, of course. It is a "Zionist entity," not even "Israeli."