Excellent breakdown. What we’re seeing isn’t just a cyclical dollar retreat—it’s the financial expression of credibility erosion in U.S. policy. When fiscal dysfunction meets geopolitical volatility, the dollar’s “exorbitant privilege” comes under pressure.
Excellent breakdown. What we’re seeing isn’t just a cyclical dollar retreat—it’s the financial expression of credibility erosion in U.S. policy. When fiscal dysfunction meets geopolitical volatility, the dollar’s “exorbitant privilege” comes under pressure.