Eisenkot calls Netanyahu's backup cash plan a path to ruin

Gadi Eisenkot, the chairman of the Yashar party, claims that 150 billion shekels of Israel's national savings are at risk under Prime Minister Benjamin Netanyahu's proposed financial backup plan. Eisenkot released a campaign video on Saturday to make this point, framing the prime minister's recent comments on economic contingency as an admission of failure.

The video, posted on X, opened with the warning that all of the country's money is at risk. It then cut to footage from a previous Channel 10 interview. In that interview, Netanyahu stated that Israel must prepare for an alternative economy in response to the growing list of international sanctions. He also confirmed that digital finance would be a certain part of that plan and said he had already asked officials to draft a blueprint for it.

Eisenkot's team took Netanyahu's remarks on blockchain technology and assigned them the nickname Bibicoin. The video argued that relying on this new financial mechanism would destroy the economy. It described the potential outcome as an economy resembling those of North Korea and Iran. The narrative warned that such a shift would mark the end of the high-tech sector, the end of healthcare funding, and the end of national security.

The campaign material questioned how global investors would feel comfortable putting money into Israeli companies if digital currency became the only method of payment. It urged the public not to let the prime minister burn through their savings. The video used the prime minister's own words to suggest that his policy leads to isolation and sanctions that will shake both the economy and the market.

In a separate post on X, Eisenkot adopted a more personal tone. He wrote that Netanyahu admits his policy will result in international isolation. He argued that the resulting economic sanctions would cause a collapse in national security. The exchange places the prime minister's economic contingency thinking at the center of the current political debate.

Eisenkot used the Channel 10 interview as the primary evidence for his criticism. He presented the prime minister's admission of the need for an alternative economy as proof of economic mismanagement. The Yashar leader positioned his party as the guard against what he describes as a dangerous financial pivot.