What’s the bottom line on the collapse of the Hanoi summit between President Donald Trump and North Korea’s Kim Jong-un?

According to Evelyn Farkas, a senior fellow at the Atlantic Council and former deputy assistant secretary of defense in the Obama administration, it’s that Trump “didn’t make a bad deal, and a lot of people feared he would.”

This is the standard view of America’s foreign policy “Blob” — the oozing mass of think tank experts, future government-officials-in waiting, and cable TV commentators that constitutes the mass mind of Washington, D.C.

The reality is exactly the opposite: Almost any deal would have been preferable to Trump returning home empty-handed. That’s because the most dangerous actor by far on the Korean peninsula is the United States, not North Korea — and that’s in normal times. The U.S. is even more terrifying than normal with the Trump administration running things.

Even the Blob understands that North Korea will never use its nuclear weapon in an unprovoked, suicidal first strike against the U.S. Rather, the Blob’s concern is that its weapons of mass destruction, particularly nuclear weapons, provide a deterrent against military action by America and thus, are unacceptable.

What exactly was possible in Vietnam is unclear. According to Trump, North Korea “wanted the sanctions lifted in their entirety” without completely dismantling its nuclear weapons program, “and we couldn’t do that.” North Korea’s Foreign Minister Ri Yong-ho says that North Korea offered to “permanently and completely dismantle” its main nuclear production facility in return for the lifting of “partial sanctions.” It would be nice to believe that the U.S. government is more trustworthy than North Korea’s on this subject, but that’s actually not the case in general and definitely is not where the Trump administration is concerned.

What is clear is that ahead of the summit, much of the U.S. media acted as a mouthpiece for the Blob and its anxieties. The outline of one potential agreement, Vox explained — a formal end to the Korean War and the relaxing of some sanctions in return for a halt to nuclear activities at a main North Korean facility — “looks like a huge win for Kim. For the U.S.? Not so much.”

NBC reported as a huge bombshell that the U.S. was not demanding that North Korea “disclose a full accounting of its nuclear weapons and ballistic missile programs” as part of a Hanoi agreement. But this was not news at all. Stephen Biegun, Trump’s special representative for North Korea, stated weeks ago that the U.S. would merely require such a declaration “at some point.”

Indeed, insisting that North Korea reveal everything about its nuclear weapons program right now would be a sign that the U.S. intended for negotiations to fail. Without a peace deal, no country is going to tell a powerful adversary exactly what to bomb in case of war. This is particularly true when that adversary is the U.S., which in 1998 used information from United Nations weapons inspections to create a target list in Iraq “stunning in its specificity.” Making the idea even more preposterous is that during the Korean War in the 1950s, America conducted one of the most brutal air wars in history on North Korea. We dropped a greater tonnage of bombs on the country than we used in all of the Pacific in World War II, burning all of its cities to the ground and killing perhaps 20 percent of its population.

What the Blob seems to have completely forgotten is that little more than a year ago, it seemed plausible that Trump was going to singlehandedly drag the world into nuclear war.

In August 2017, Trump threatened North Korea with “fire and fury like the world has never seen.” That September at the U.N., Trump called Kim “rocket man” and announced that the U.S. may “have no choice but to totally destroy North Korea.”

Republican Sen. Lindsey Graham of South Carolina, known to frequently discuss foreign policy with Trump, announced that Trump had told him that “there is a military option to destroy … North Korea itself.” Another GOP senator, Jim Risch of Idaho, reported that Trump was prepared to start a “very, very brief” war with North Korea that would be “one of the worst catastrophic events in the history of our civilization. The end of it is going to see mass casualties the likes of which the planet has never seen. It will be of biblical proportions.”