Peter Zeihan: What’s happening right now is the Israelis are on the verge of a massive invasion of the Gaza strip. Now the Gaza strip is only [141 square miles]. It’s small, really small. It’s like twice the size of the District of Columbia, but it’s got 2.3 million people. So you’ve got people living in an inner city style compression when no enter lands, no power generation, no food production. Everything comes from the outside. And the Israelis, as they’ve proven that their intelligence gathering is not as good as we thought it was, want to go in and liquidate, at a minimum, the faction that carried out the attacks. The problem is, if they knew where that faction was, the attacks would’ve never happened. So they’re just going to go in and destroy all of Hamas. And I don’t mean to suggest that these are nice people. They are not. But they are going to have to go house to house for 2.3 million people to destroy both the de facto government and any factions associated with it. The human cost of that is going to be gargantuan. I can see why some people are already starting to yell at the Israelis, but on the flipside, as per casualties per population, this is like 10 times what we went through with 9/11. And I can tell you as an American who remembers this very very well, we didn’t give a flying f--- what anyone else in the world thought and we felt we needed to go down and hunt down those people [in Afghanistan].
So what this does to the political system in Israel, that’s actually the small story. What this does to the culture of Israel is something that is going to reverberate for decades.
~ Peter Zeihan, "It's the End of Globalization as We Know It," interview with Dan Ferris, Stansberry Investor Hour, 37:20 mark, October 23, 2023
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