> The only option that remains, and what seems most likely to happen, is that Israel will continue to demoralize, kill, and harass the people of Gaza and the West Bank until such a time as the remaining Arab population will be small enough compared to the Jewish population of Israel, and then it will annex these territories into a single Israeli state with a minority (<20% ?) Arab population enjoying full rights. I don't honestly see any other end to this conflict that Israel would accept.
Many options remain: peace, Palestinian refugees settled where they're living in now, an Iranian nuclear attack on TLV and flight of all the Jews from there, who knows. The area is unpredictable, I'm not gonna try to predict anything.