Across the world there is a war being waged against cash. Driven in part by increasingly bankrupt banks - some of which are quasi-governmental themselves - governments are thinking of ways to extract the last dollar from their taxpayers.
In retrospect, Obama's intervention in Libya was an abject failure, judged even by its own standards. Libya has not only failed to evolve into a democracy; it has devolved into a failed state.
The Islamic State group has strengthened its grip in its Libyan stronghold Sirte as new recruits and foreign fighters join its ranks while world attention focuses on Iraq and Syria.