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Update: See here:
edit on 7-2-2014 by gardener because: (no reason given)
Brazil or Australia, with old Japan and new China. Here is truly an international symbol."
The link disputes the validity of the picture. A quick trip to Wiki gave this information:
The symbol was originally designed in 1912 by Baron Pierre de Coubertin, co-founder of the modern Olympic Games. According to Coubertin, the ring colours with the white background stand for those colors that appeared on all the national flags that competed in the Olympic games at that time. Upon its initial introduction, Coubertin stated the following in the August, 1912 edition of Olympique
"...the six colors [including the flag’s white background] thus combined reproduce the colors of all the nations, with no exception. The blue and yellow of Sweden, the blue and white of Greece, the tri- colors of France, England and America, Germany, Belgium, Italy, Hungary, the yellow and red of Spain next to the novelties of
Malfunctions happen. Conspiracy does not exist in everything.
The meaning of the Olympic Games' five interlocking rings is not at all black-and-white.
The rings of blue, black, yellow, red and green, which make up one of the most recognized symbols in the world, traditionally represent the five different areas of the world involved in the Olympics (North and South America are considered one area, along with Africa, Australia, Asia and Europe).