The Summer of 1914
If Israel does attack Iran, the "summer of 1914" analogy may play itself out, catastrophically for the United States. As I have warned many times, war with Iran (Iran has publicly stated it would regard an Israeli attack as an attack by the U.S. also) could easily cost America the army it now has deployed in Iraq. It would almost certainly send shock waves through an already fragile world economy, potentially bringing that house of cards down. A Bush administration that has sneered at "stability" could find out just how high the price of instability can be.