No, there will not be peace in the world after Israel is destroyed. After that it'll be India's turn. There will be peace in the world when India is destroyed and becomes part of Pakistan. After that it is Europe, then America. Ofcourse, we know what peace loving muslim means -- when the whole world becomes islamic, then ofcourse there'll be complete peace in the world (Wait, think again.. do you really think so... Deprived of an external enemy to fight with, they'll fight with each other :-))