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The world is just one misstep away from a complete financial, economic and geo-political meltdown.

Though the mainstream voices have calmed their reports of middle east conflict amid the debt ceiling and negative economic development in the US and Europe, military intervention in Iran has not been taken off the table.

The Daily Crux reports via the Economic Policy Journal and Zero Hedge:

Robert Baer has had a storied career, including a stint in Iraq in the 1990swhere he organised opposition to Saddam Hussein. (He was recalled after being a

ccused of trying to organise Saddams assassination.) Upon his retirement, he received a top decoration for meritorious service.

Baer is no ordinary CIA operative. George Clooney won an Oscar for playing acharacter based on Baer in the film Syriana (Baer also wrote the book).

He obviously wont name many of his sources in Israel, the United States, andelsewhere, but the few he has named are all Israeli security figures who have pu

blically warned that Netanyahu and Defense Minister Ehud Barak are hell-bent onwar.

[Baer] appeared on KPFK Los Angeles, warning that Israeli PM Netanyahu is likely to ignite a war with Iran in the very near future. It gets worse: Masters asked Baer why the US military is not mobilising to stop this war from happening. Baer responded that the military is opposed, as is former Secretary of Defense Robert Gates, who used his influence to thwart an Israeli attack during the Bush and Obama administrations. But hes gone now and there is a warning order inside thePentagon to prepare for war. The punchline: There is almost near certainty that Netanyahu is planning an attack [on Iran] and it will probably be in September before

the vote on a Palestinian state. And hes also hoping to draw the United States into the conflict, Baer explained.

While President Obama has not exactly been fully supportive of Israel (at leastovertly), an attack on Iran by the Israelis would no doubt be considered by Iranas having been supported by the United States. That being the case, Iran would

respond militarily against all US forces in the region, especially those in Iraq, at the first sign of any trouble. Subsequently, the U.S. would return fire enmasse, perhaps even utilizing the nuclear option to incapacitate any possibilityof an Iranian nuclear response.

What China would do is the unknown variable, but it is clear that the US and Chi

na are engaged in a covert war economically, financially and in cyberspace. Therecent UN actions in Libya may have been sold to the world public as a peacekeeping mission, but one side issue that has remained in the background is Chinas removal of some 30,000 workers from state sponsored oil facilities in the country as a result of the conflict. This leaves one to wonder whether the UN action wasa veiled attempt at controlling the oil interests in North Africa. How long before the Chinese decide that their interests have been violated and they get involved militarily? Could an attack on Iran be the catalyst that brings China into the mix?

It is our opinion that what we have seen in the middle east since 2002, including the destabilization of governments in the region over the last 12 months, is aprecursor to a war that will eventually encompass the entire world.

Whether this goes critical in September, or at some time in the future, is of nomatter. War is coming to the world, as it always does when the economies of emp

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ires collapse and national interests over resources collide.