August is a month in which many of the world's major political and economic events first hit the news. A random sampling -- Britain declares war on Germany (1914), Nazi/Soviet Pact signed, the Battle of Britain began, U.S. dropped the Atomic Bomb on Japan, Gulf of Tonkin Resolution authorizes U.S. troops in Vietnam, 1971 90-day wage/price freeze, Nixon resigned, 1990 Persian Gulf War began, Hurricane Katrina and the current global credit crisis begins as far as the equity markets are concerned (2007).
The moral of this story for August vacations -- keep your family close and your Blackberry closer.
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