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Shifting Political and Economic Dynamics in Europe
This chapter examines the rise of center-right and center-liberal parties in Europe amidst security concerns and the role of defense initiatives in economic growth, particularly for Germany. It also addresses the shift in investment patterns affecting U.S. treasuries and the dollar's global reserve status, highlighting risks posed by U.S. fiscal policies. The discussion encompasses the implications of increased European integration and the challenges faced by Germany in balancing defense spending with international financial commitments.