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At this year’s Munich Security Conference , something unusual happened. Global leaders openly acknowledged what many macro analysts have been discussing quietly for years: The post-1945 world order is under strain. That matters. The System America Built After 1945 After World War II, the United States didn’t just win a war — it built the architecture of the modern global system. At the Bretton Woods Conference , the U.S. dollar became the anchor of global trade. Institutions