Every disaster creates opportunities for somebody. If the Kurds of Iraq play their cards right, they could finally end up with the borders they want, fully recognized by a government in Baghdad that has been saved by Kurdish troops.

The Kurds have this opportunity because the large but totally demoralized Iraqi Army has fallen apart over the past week. The Sunni Islamist fanatics of ISIS are closing in on Baghdad, and Peshmerga, the army of the Kurdistan Regional Government, is the only military force left in Iraq that could take the offensive against them.

It is very unlikely that the ISIS fighters can take Baghdad. There are probably no more than 5,000 of them in Iraq, and their stunning recent victories were achieved more by frightening the Iraqi Army to death than by actual fighting. Most of those ISIS troops are needed to hold down their recent conquests, including the large cities of Mosul and Tikrit.