U.S. Marines observe surrounding compounds during a security patrol in Washir district in Helmand province, Afghanistan, Sept. 29, 2014. The Marines are assigned to Bravo Company, 1st Battalion, 2nd Marine Regiment. The Marines patrolled to disrupt enemy operations against the Bastion-Leatherneck Complex. U.S. Marine Corps photo by Cpl. John A. Martinez Jr.
A Year Of Living On The Brink -- Daniel Henninger, Wall Street Journal
Ebola, ISIS, Ukraine, a stock-market wipeout—there’s nowhere to hide.
History will mark down 2014 as the year predicted 49 years ago by Martha and the Vandellas. In 1965 the group recorded a Motown classic, “Nowhere to Run, Nowhere to Hide.” We’re there, at the brink.
Liberia, ISIS, Ukraine, Hong Kong, a hospital fighting Ebola infections in Dallas, the year’s stock-market gains obliterated, and I almost forgot—just last week Secretary of State John Kerry warned that climate change could end life as we know it.
Then this week the clouds parted and the year’s best news arrived: Led by Europe’s sinking economies, global economic growth is falling, taking stocks and bonds with it, and the world’s central bankers say they have run out of ideas on doing anything about it.
How this is good news requires explanation.
Read more ....
My comment: This post by Daniel Henninger focuses on the economy .... but I would also add that the national security situation does not look promising either. The war against the Islamic State is going to be a messy one .... and one that I predict will carry-on into the next U.S. Presidency.
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