I have heard a few sources saying this, but I figure I might as well post this on here.
By the way ISIS, Russia, North Korea, issues between China and Japan/South Korea has been going recently, we might be heading into World War III (Third World War).

The reason why I say this, look at all the things that ISIS has done which is kill two american journalist and planning on doing what Germany did during World War II time (create a genocide against a certain group). Also with the issues between Russia and Ukraine, which they had the worst invasion on the planet since the German invasion of Poland in 1939 (which started WW II), and because of this, Crimea is now a part of Russia. Plus problems in the East China Sea between China, South Korea, and Japan with they are trying to fight about to see who exactly has control over that. And North Korea being... North Korea. All this could end up sparking World War III.

Plus every recession, their is bound to be a major war that follows, like before World War I, they was a recession going on (not as bad as the one we just had and the one in 1929), also the infamous Great Depression before World War II. And we just got out of a really huge recession, means that we got a major war ahead of us.

What is your thoughts on this possibility of World War III breaking out?

Fear of another world war is perennial. It's been predicted as inevitable during the Berlin Blockade, the Korean War, Vietnam, the Cuban Missile Crisis, pretty much all the time during the Brezhnev period, 9/11, the list goes on and on. Notice how during each of those moments in history never wound up delving into WWIII?

Looking at it another way, let's analyze the possibilities of each of those powers listed sparking WWIII. China and Russia are economically bound to the U.S. And its allies. Going to war with them would be catastrophic for both sides. North Korea simply can't pose a threat; it would get steamrolled largely because no one would come to its aid. And ISIS? Please. Journalists get killed all the time, and any serious attempts at genocide would get them stomped out of existence by international forces.

Long story short: There's a reason there hasn't been another great war for so many years. The nations of the world simply must cooperate to insure prosperity; any detached powers won't survive if they decide to go out of line. Also, it makes no sense to go to war so soon after a recession this time around. That would only serve to further damage the economies of nations, and that's not good for anyone.

Your logic is sound, but if you think about it, America doesn't have much of a reason to get involved in this one unless somebody attacks us. Now, I'll be the first to admit that I forget why we were involved in the first World War, but we didn't get involved in World War Two until Japan attacked Pearl Harbor, and then we somehow ended up fighting Germany a crap load, too. 
What I am trying to get across here is that you may be right, but what reason besides 2 American ( weren't they actually British, not American? ) reporters being killed would we have to get involved if we are already involved?

None of these things will start a world war.
North Korea isn't supported by China anymore, iS (formerly ISIS) aren't supported by anyone, Russia had a few friends, but none would go to war for them.
China won't declare war on Japan, Japan is allied with America, and China is export dependent. A war would kill their economy.

Also, Ukraine was not the worst modern war, Africa has it worse.

The recessions weren't the cause of ww1, the recession only aided in ww2 because American banks withdrew their loans to Germany, destroying their economy.

World War III sounds like a possibility, but then again, of all the countries affiliated, America would have to be one of them. A pretty popular country eh? Australia might just be chilling.

I'll be a strange war if anything does happen.
ISIS don't use military and are very secretive with their extremist acts. They are most likely to be easy to take out as long as we know their locations since it is only them and they have no other support.
North Korea will probably end up destroying themselves in the state they are in economically. They have nukes yes, but not much else. Most of their money is spent on military resources, or is "known" to be, so if any of that goes they're screwed.

I really don't think that any of those countries will be part of a world war 3. While there is a slight hate between Russia and Ukraine I don't think anything huge enough will happen to get the entire world.

O.K lets get this straight starting in eastern part of the world.

Russia and China have no interest in helping North Korea. Leaked diplomatic cables (never meant to be public) show that China is actually rather be angry at North Korea and would not actually support unification of Korea under the Southern government. China only retains their "alliance" with North Korea so that they retain their influence in the country and keep them under some semblance of control. Russia is even less invested in North Korea. Both Russia and China are rivals of the US - not enemies, with no interest in actual conflict, but rather for jockeying for positions and influence for the purposes of economic growth.
However, while North Korea cannot possibly survive a war with the US and South Korea, they can do a fair amount of damage and casualties. An American invasion of North Korea also cannot be mounted without the support of the South, who would also supply the bulk of the soldiers, and the US had better be prepared to suffer thousands of casualties which we know obama hates to do.

now the battlefield where everyone is fighting

let's first go to Syria, why not attack them? We have been trying to get Syria trust for a long time, so just to send people to kill random people will be a consequence that the U.S will have to face. The U.S does not want to lose trust with Syria and Syria does not want to mess up on getting people to safety. ISIS is already running away they are no where anyone expects them to be, what Obama did was send a missile to their ant hill and all the ISIS ants are now running away ready to spread terror to peoples minds.

There is no reason to attack EU, Cuba, Central America, Brazil, and the Islands.

I am still of the notion that people love the idea of another sequel to world war.
(Makes for great movies.)
But...
After "The Nuclear Age of Man" was established?
With High Speed Communication and Internet?
With Instant News Coverage anywhere on the globe at any time?

I think it is not too much of an issue so long as leaders act responsibly in the global...
Ahhh Man.

Never Mind.
I retract my statements.
Pretend they never happened.

Good Luck To All.
Peace.

While there does seem to be more conflicts recently and relations between many countries are getting strained WWIII is VERY unlikely to happen for the following reasons-

The threat/deterrent of WMD (Weapons of Mass Destruction) and the possibility of MAD (Mutually Assured Destruction) means any major power especially those with nuclear weapons want to avoid war with each other.

Economic co-dependency and globalization means that countries are becoming more connected and reliant on each other and thus would want to avoid war, a amazing example of economic co-dependence is the USA and China.

North Korea's leaders are hated and crazy and no-one in their right mind would support them.

The majority of the citizens in the majority of countries would like to avoid war unless absolutely necessary.

Enough co-operation between countries can stop these major threats to world peace before they become too big and cause major problems to the world a large.

So WWIII can only happen if everyone wants it to and barely anyone wants it to right now.

 Nah, WWIII seems unlikely to happen any time soon. The whole fascination with WWIII and the fighting it would bring is not uncommon- but unfortunately, we'll have to wait for awhile. Most people, when talking about the possibility of WWIII, forget that for about half a century we were closer than we ever will be to WWIII actually happening. Now, even when the two major blocs of power continually butted heads over Vietnam, Korea, and the Middle East, there was no World War III. Now that the Soviet Bloc has fallen, and America currently has no other conglomerate that has quite the level of global influence that it has, we won't see another war for a very long time.