You heard it, tensions in China and Japan is escalating over the "Islands". I think China wants a distraction from the economic BS, and a little conflict with Japan could do the trick. Lots of Japanese goods and businesses being vandalized and destroyed in China right now. If you ask me, the repercussions of this will be far worse than a unstable Middle East. I fathom a lot of people "will feel it" considering they are the number two and three economies in the world.