Dr Doom, aka Nouriel Roubini, talked last week of a perfect storm in 2013. One component of that storm is a war between the West and Iran. I am not sure that it has to be Iran but there are stacks of other tinderboxes waiting to go up in that region and that has profound implications for the oil price.
As I am sure you are aware, the Islamofascists who rule Iran are trying to build a nuclear bomb. And, being complete nutters, they have also made some pretty clear comments about how much they would like to see Israel wiped off this planet. Putting two and two together (that is an A bomb + prize grade Jew hating Islamofascists) and there is potentially a problem. I do not believe the West should intervene in this matter. We should neither get involved militarily nor should we complain when the Israeli’s bomb Iran back into the Stone Age with a pre-emptive strike as a matter of self defence. The best way to support Israel and to prevent another holocaust is to let her get on with it.
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