“American hegemony, in particular, helped provide public goods: open sea-lanes, a stable financial system, collective security, and support for frameworks for resolving disputes,” Carney said. And it undergirded NATO, an alliance that had allowed for an unprecedented near-century of peace. That order, however imperfect, had more benefit than downside. So, Carney said of Canada and its European allies, “we placed the sign in the window.”journey-inline-newsletterinline-newsletter