Yes, it does.
The war reversed the previous trend of dollar weakening, strengthening the dollar again while increasing the US deficit and foreign dependency.
My prediction is that the war will end with a managed, time-sensitive global reset into a multipolar framework, after which those trends will revert back to where they were.
The bond market, US yields, gold, and oil prices all point to this.
This will likely be triggered before Trump visits China, now moved from April to May.
If not, it risks triggering an extended global recession that could break global markets.
Simon
Does this contradict your thesis ?BREAKING: Foreign holdings of US Treasuries surged $34.8 billion in January, to $9.3 trillion, the 2nd-highest on record.
Foreigners now own more US debt than ever.