In their effort to price in possibility of a war against Iran, top Israeli investment firm Clal Finance today said they believed there was little international support for such a conflict. They concluded that the economic price for the world was too high and that in the end most nations would rather accept even a nuclear-armed Iran than such a costly conflict.
Click here to read more on Clal’s report at Haaretz
Author: Jason Ditz
Jason Ditz is Senior Editor for Antiwar.com. He has 20 years of experience in foreign policy research and his work has appeared in The American Conservative, Responsible Statecraft, Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times, and the Detroit Free Press.
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Well, seems there ARE some sane people in Israel…
Not sane at all. merely calculating, and the obverse of that logic is that if the cost of a war with Iran were to be bearable, then war it shall be.
Pathetic that it is the economic cost as opposed to the cost in blood and lives
that carries the argument.
They could've saved themselves alot of time and money and just asked me – or any of the commentators here, for instance. Common sense is what is required – not cost analysis, for pete's sake…
Since when has the cost of war stopped anyone from making war?
That makes no difference to them. The US will fight that one for them with taxpayer dollars. They'll just reap the rewards just like they did in Iraq.
Do you censor your own message boards Mr.Ditz? Seems I can’t get a comment in any of your posts – what’s up? Your surely not that petty?
[Moderator’s note: No, Mr. Ditz doesn’t “censor” comments. There’s an automatic moderation system, and when comments are caught in one of its filters, it may be awhile before I or another moderator get to it to approve it – TLK]
..and cowardly? Are you? You have my email – let's here from you…
Sorry. My apologies- when my post didn't appear for some time I lost my cool.
Most humbly apologize Mr. Ditz- my temper(and paranoia) does get the better of me at times…
I wonder how AIPAC will spin the $10 a gallon gasoline right after the attack and Iran decision to bomb the oil fields of Kuwait, Iraq and Saudia Arabia. In 1973 they played the game that the world was running out of oil and none of the news reported that the reason for no gasoline was because we helped Israel in the 1973 war. I doubt that they can spin the $500 a barrel oil into the world is running out of the product.
We are already broke but we continue to give Israel financial help while allowing or veterans sleep in the gutter. When are we going to learn that AIPAC needs to be looked at as the agents for a foreign nation. They are not for the good of the USA but their own financial interest.
Israeli Investment Firm: Economic Cost of War With Iran Too High…and that would be the reason why they're having the US fight it for them.
A nuclear device in the hands of Iran would make the world a far more safer place than a nuclear USrael and would neutralize the present situation as there will then be a 'balance of power' , (the so called 'deterent' ) such we have seen during the cold war years between NATO and the Warchau Pact countries. As long as one side has got 'the bomb' there will always be the threat of war since one side will then always try to impose its will on the other.