Geopolitical analyst Ian Bremmer recently drew parallels between the current Venezuela situation and the 1989 Panama invasion, highlighting a significant shift in how executive power operates. The comparison underscores how modern administrations navigate international actions with institutional constraints—or around them. What's particularly notable is how precedent and justification frameworks evolve across administrations, effectively reshaping the boundaries of executive authority. Such geopolitical shifts carry downstream effects on risk asset markets, as capital flows respond to perceived political stability and regulatory environment changes. When established institutional checks face pressure or reinterpretation, it creates uncertainty that ripples through global markets, including crypto sectors sensitive to macro policy shifts. Understanding these power dynamics becomes crucial for assessing medium-term market conditions and geopolitical risk premiums embedded in asset pricing.