How Roubini lost a tiny bit of his reputation.

RGE - Will Israel Attack Iran’s Nuclear Facilities Before the End of the Bush Administration? Joschka Fischer Argues Yes:
I had the pleasure to meet and speak at length over the weekend with Joschka Fischer, former Foreign Minister of Germany and one of the deepest geo-strategic thinkers in the world.

Roubini calls Fischer "one of the deepest geo-strategic thinkers of the world". He bases his judgment on a conversation he has had with fat Joschka which was based on a piece the former Foreign Affairs manager has written for PP. How can a rational being talk about this argument without never ever mentioning the deterrence effect nuclear weapons have. An effect that has worked during the Cold War and with butchering madmen like Mao and Stalin. Read Tom Barnett's "The Wrong Defense" column if you want to understand how the world really works.