The world has always been a dangerous place. Now it is dangerous in a different way, because the world order that we've known since the end of the Cold War has been radically transformed. All of the institutions that preserved peace and promoted global trade will be weaker - NATO, the EU, NAFTA - and US relationships with other countries will change, too.

Though the poorest Americans voted for Hillary Clinton, many relatively wealthy people voted for Trump and generally it's a mistake to think that economics explains Trump. The US is doing relatively well, the economy has significantly recovered since 2008, unemployment rates are low. I would say rather that his appeal to the working class was cultural: "I'll bring back the kinds of jobs your fathers had," and, by implication, the whiter, simpler post-war world when America had no real economic competition.

European security may now depend on Germany, France, Britain and one or two others, and it's better to start planning now for the possibility of European-only cyber-defense, counter-terrorism, and conventional defense too.

Globalization has genuinely drained power away from national politicians and people feel it. People in our fast digital age are also frustrated with the comparably slow democratic processes. Many young people - and some old people - want to know, Why does everything take so long? Why can't someone just decide and then move forward?

The old battle between Christian Democrats and Social Democrats is now meaningless, not least because the social structures that underlay those parties, the church and the unions, have faded away. Nationalists and populists understood this change earlier; now the rest of the political world needs to understand that the political lines have been redrawn and it's time to change.

The Soviet Union was, by the 1970s and 1980s, relatively stable and predictable. Putin's Russia is much more volatile. Nuclear policy is really in the hands of one person, or a small group of people, instead of a huge party-state apparatus. The possibility of a mistake is greater now.

nothing happens in August - except when something really happens in August. World War I began in August, Saddam Hussein's invasion of Kuwait began in August, al Qaida was preparing to bring down the World Trade Center in August. August, in other words, is the time when all of us should prepare our backup plans, chart our reversals of course, [and] think through possible paradigm changes.