.jpg){kind=link}
The worst kept secret in the world is Israel’s nuclear arsenal. Despite “no comment” from Israeli prime ministers over six decades, the government has a nuke stockpile estimated to be as high as 400.
The “surprise” Hamas attacks yesterday outside Gaza and reports that Hezbollah has more than 100,000 fighters near the Israeli border and approximately 150,000 rockets at its disposal which could reach any target in the Jewish State. The survival of Israel is in jeopardy.
If Israel cannot win its war against both terrorist organizations using conventional weapons and Hamas and Hezbollah undertake an all-out assault, then prime minister Netanyahu will have to make the most momentous decision in his country’s history, should Israel use one or more nuclear weapons to preserve Israel’s territorial integrity?
In addition, would Israel use a nuclear weapon against Iran, which supplies arms and material to Hamas and Hezbollah? Will the Biden administration use American special forces and other military personnel to rescue American Israeli hostages held by Hamas? Are there terrorist cells in the US waiting to strike high profile sites across the country? How many terrorists have come across the southern and northern borders?
If there are terrorist attacks in America, the case could be made that the Biden administration’s “open border” policy could be grounds for impeachment, namely, he failed to protect and defend the American people from all “foreign and domestic enemies.” In other words, Biden would have turned his back to “preserve, protect and defend the Constitution of the Untied States. (See the Preamble at the beginning this post.).
The world is chaos, nearly eight decades after World War II. Peace has been elusive for primarily one reason, the nation-state is the most destructive institution human beings have created.
The welfare-warfare state must be abolished. There can no peace nor sustainable prosperity if power is concentrated in the hands of a few individuals in every country.
Lord Acton asserted in the 19th century, “Power tends to corrupt, and absolute power corrupts absolutely.” This is truer today than ever before.
***************************************************************************************************
My essay on the economy was published in Fortune, https://fortune.com/2023/03/27/ -2023-layoffs-tech-finance-unemployment-outlook-fed-rates-murray-sabrin/ This is an update of my 2021 forecast, https://fortune.com/2021/12/09/next-recession-heres-everything-bubble-markets-2021-2022-covid-murray-sabrin/
*****************************************************************************
Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His new book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin's autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022.