"This in the near term could have significant impact in regional stability, and adversely effect world economic markets.
Things are going to get very, very interesting."
I am predicting a repeating of WWII history with China attacking Taiwan on year after the Bejjing Olympics. North Korea will attack the South at the same time and this war will accelerate into all out global conflict including Russia. By 2009 China will have seven nuclear submaries and enough destroyer, air, missle support to defy us in the pacific, attack and destroy Taiwan cut off reinforcements of South Korea etc.
Also, Russia has begun it's military reorganization with massive petrol dollars. The last of the commies will ignite WWIII to be the last superpower. Why this is so dangerous is Russia has it's own energy and we don't. The old commies under Putin are on their recent pride kick to restart the "motherland" and is dangerous enough to launch nukes to take us out. We'll be largely energy independant in the next decade and know we have an achilles heel until that point. The old commies will die off but they'll ignite the flame before they pass, the foolish bastards.
Yes we do.