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I started digging and found that Israel signed a peace treaty with the United Arab Emirates after the country had diversified their economy, instead of being solely oil-based. This diversification had brought about modernization. I realized that if you land the price of oil, countries will diversify their economies and as a result, modernize.

Shai Agassi


Author Profession: Businessman
Nationality: Israeli
Born: April 19, 1968


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