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Entries in Steve Forbes (1)

Thursday
Feb232012

Iran Snap Analysis: Nuclear Postures and "War is Coming!"

The signal could not have been clearer or louder. Steve Forbes, one of America's most prominent businessmen, has used the pages of his magazine to declare, "War with Iran is Coming!"

In the heat of battle the ayatollahs may not be able to contain themselves. Iran will also attempt to have its agents carry out terrorist acts around the world, particularly in the U.S....Israel will find itself embroiled in a horrific conflict....Much as the White House might wish otherwise, the U.S. will become involved. In fact, President Obama could well respond to the conflict the way he did when he went after Osama bin Laden: give U.S. forces the green light to do whatever is necessary on water and in the air to help the Israelis. 

Having set out Armageddon, Forbes then advised, "This conflict will obviously also roil the financial markets. Best advice to investors: Don’t panic."

On Wednesday, two developments on the nuclear front guaranteed that this chatter will get louder.

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