The MSM is studiously ignoring a boiling pot of trouble right on the other side of the Pacific.

The dispute between China and Japan over the Senkaku Islands took a turn for the worse last week, when a Chinese warship trained it's fire control radar on a Japanese coast guard vessel. 

Even conventional war between these two countries, if limited to that, would be very bad for the world economy, and devastating to the Japanese, but we have treaties to protect Japan, and such a conflict would immediately escalate into a confrontation between the US and China.

Again, nothing serious in the news, and our governing adolescents seem quite unconcerned about this.

Has any body ever heard of a black swan?   Is it a black swan if even I can see this trouble coming?