Our Leaderless Free World
The central fact about the democratic world today is that it is leaderless.

Twenty-five years ago, we had the confident presences of Bill Clinton, Helmut Kohl and Tony Blair — and Alan Greenspan. Now we have a failing American president, a timorous German chancellor, a British prime minister about to skulk out of office in ignominy and a chairman of the Federal Reserve who last year flubbed the most important decision of his career. Elsewhere: the resignation of Italy’s prime minister, a caretaker government in Israel, the assassination of Japan’s dominant political figure.

This is bad in normal times. It is catastrophic in bad ones. We are stumbling, half-blind, into four distinct but mutually reinforcing crises, each compounding the other.

The first crisis is one of international credibility. The war in Ukraine is not merely a crisis unto itself. It is a symptom of a crisis, which began with a withdrawal from Afghanistan that telegraphed incompetence and weakness and whose consequences were easily predictable. Beyond Ukraine, in which President Biden has committed enough support to prevent outright defeat but not to secure a clear victory, there is an imminent nuclear crisis with Iran, in which the president seems to have no policy other than negotiations that are on the cusp of failure, and another looming crisis over Taiwan, in which he alternates between challenging Beijing and trying to mollify it.