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news Project Syndicate 2026-05-08

Global Financial System Amplifying Hormuz Shock, Analyst Questions

Questions arise about why the global financial system, designed for stability, appears to be worsening the economic impact of the Hormuz crisis rather than mitigating it.


<p>The existing global financial architecture was supposed to ensure stability by providing liquidity when capital retreats and cushioning vulnerable economies against shocks. So, why is the system doing exactly the opposite?</p>

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