In a couple of days the Olympic Games begin. The modern Olympics can truly be called one of the best things that we humans do in terms of our international relations. The Games represent peaceful completion with nations sending the best of their young people ~ a "good" event and happening.
These Olympics come at a time of growing economic crisis with a possible global economic depression looming. These bad economic times could get really bad if the $1.2 quadrillion in derivatives go into melt down along with collateralized debt obligations (CDOs) and various new structured investments vehicles (SIVs). The resulting global depression is apt to be even worse than the Great Depression of the 1930s.
Worse yet, is the demands of the neo-cons in America, and some European nations, along with the Israeli war hawks, for a war on Iran. A war that could get truly ugly in the extreme. Iran, having hired some of the best and brightest of the former Soviet Union's advanced biowar scientists 15 years ago, is a nation that already possess advanced biological warfare (ABW) with the ability to cause deaths in North America, Europe, and the Middle East on a level of global strategic thermonuclear war. The limited Iranian uranium enrichment program, legal under international law and even in the words of the American intelligence establishment not constituting a nuclear weapons program, is being used as the cover for the next stage of the aggressive neo-con grand strategy.
We are truly in a most interesting period. If sanity rules the day, we will avoid a war with Iran and the likely resulting Third World War. If not, then we are in for a truly horrific next few months.
What we do know for certain is that past recessions and depressions are man created, usually by the very persons/groups that intend to profit from the economic hardship of the many.
A coming "Greatest" Depression would amount to the greatest transfer of wealth in human history, with a small evil elite taking our property and possessions from the rest of us. We also know that it is simply too late in human history for engaging in global war with nations having global strategic weapons of mass destruction ~ that any such war is apt to cause such great world wide destruction as to effectively destroy human civilization.
The elected political leadership in America and much of the western world is so corrupt, so "bought and paid for" by globalist special interest groups, that they are not addressing the grave dangers of either the coming economic super depression or a global war. Somehow, the public had better get its act together and force the powers that be to change directions. If not, the old Chinese curse of "may you live in interesting times" could come true in a most horrific way.