No one seems to discuss the worst case scenario for this war. In the best/average case the world takes an economic hit. But I can think of one really big black swan event which no one seems to even consider (except Nassim Taleb). This war could trigger regime collapses all over the Arab world and put populist leaders in charge who rise to power on the basis of Gaza genocide fury. That would be catastrophic to Israel:…
It would be a black swan if this didn't happen.