It's looking untidy out there.
This financial kerfuffle timed with some political instability about the place is of concern. The only saving grace is that we do not have two teams set up facing each other with definitive politico/military alliances.
While we have ANZUS/ABCA and other pacts ourselves, the other team is a bit loose. Watch out for any other groups of countries forming strategic alliances that will counter us.
Especially China with other like minder socialistic type countries.
Or, predominantly socialist countries teaming up with the Muslims against the US backed West (us). Unlikely, but in times of self preservation, we do some odd stuff.