"Failure An Option" - Kerry at Munich

From the speech of John Kerry at the Munich Security Conference:

With the help of the EU and the Quartet, we are pursuing a long-sought and much-needed peace between Israelis and Palestinians. I have to tell you, the alternatives to successfully concluding the conflict, when you stop and list them, are or ought to be unacceptable to anybody. If you look at it hard, you ought to come out and say failure is not an option, though regrettably the dynamics always present the possibility.

Munich?

Israel?

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