No doubt, Hillary Clinton is the world's candidate for president. The Washington Post titled one article: "The World is Pulling for Clinton."

One reason is Donald Trump's ugly populism. America is not unique in that respect, however. In Europe a gaggle of populist parties are on the march, some actually having entered government.

Even more important to foreign governments is Washington's commitment to subsidize the defense of virtually every advanced nation. The Europeans, who collectively possess a combined economy and population larger than those of America, treat Washington's defense shield as a given. They then scrimp on their militaries, preferring to underwrite bloated welfare states.