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Bubbles in everything
The tunnel industry has thrived since Hamas took over the Gaza Strip in the summer of 2007, as a means to raise funds from the public in exchange for handsome profits. These investors were promised that their money was safe and the profits would be large.
According to testimonies heard in the Strip in recent days, an unknown number of brokers convinced small investors to invest in the tunnel industry for the profit of several hundreds of dollars per month. Small investors were swayed into putting their money into the tunnels and the trend passed from mouth to ear and from one person to another.
According to testimonies heard in the Strip in recent days, an unknown number of brokers convinced small investors to invest in the tunnel industry for the profit of several hundreds of dollars per month. Small investors were swayed into putting their money into the tunnels and the trend passed from mouth to ear and from one person to another.
In the months prior to the war, Abdullah received $3,000 per month for his investment, but, since the fighting broke out, the investor has not seen any revenues and fears his investment went down the drain.
At the start of the fighting the middlemen disappeared, along with the investors' money. A 49-year-old Gazan vegetable vendor Omar Abdullah said he was persuaded into investing in the tunnels and sold some of his property in exchange for some $56,000 to be put to this purpose.