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The End of Laissez-Faire: How Rising US Government Intervention is Rewriting the Macro Trading Playbook
For nearly four decades, macro traders operated on a foundational assumption: governments were passive observers in the globalization game. The prevailing ideology, often termed the "Washington Consensus," championed deregulation, free trade, and the belief that efficient markets were the ultimate arbiters of economic outcome. Governments, the thinking went, should only intervene when absolutely necessary, like a reluctant paramedic rushing in during moments of extreme distre
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