Originally Posted by
Osweo
The differences between the Ashkenazim and Sephardim have more to do with chance. The former were present when the present capitalist system was evolved in the northwest and central part of Europe. At this time, the Sephardim were scattered all over the place in the Ottoman Empire and so on. Naturally, those who were present while things were going on got on the rollercoaster. Those dallying around in the backwaters just lived and survived like they'd always done.
I heard the Sefardim are doing well in Israel itself however, on the eve of shunting the Ashkenazim aside as the dominant force there. Is my info outdated?