First Libya erupted into civil war and it is still embroiled in sectarian violence. Next, Syria devolved into civil war and is still a mess. Assad just was sworn in once again as ruler, but the country is a shambles as Sunni radical militias control the eastern part of the country as well as a good chunk of Iraq. Speaking of Iraq, the quasi stable country has been attracted from Syria by Sunni radical militias which now control a large portion of the western part of the country. Iraq has also turned to Iran and Russia for assistance since the U.S. does not seem to want to get involved once again. Then we have the seemingly eternal conflict between Israel and the Palestinians. Israel is preparing to invade the Gaza strip because of incessant rocker attacks. I think the whole region is about to explode into a regional war that will have a negative effect on the economy of the rest of the world. Could this be the spark that brings on the coming economic storm? It could very well be.
What do you think?