When Russia and Ukraine invaded each other and seize treasuries (including Russian oligarchs' assets like Chelsea Football Club without court proceedings), the West undermined the rule of law, its biggest comparative advantage; this signals to China and other nations that Western asset protection cannot be relied upon.

causalpending

Speaker

Louis Gavelkal

Evidence Quote

when Russia invaded Ukraine and we seized uh Russia's um treasuries...We undermined our single biggest uh our biggest comparative advantage is the rule of law

Source

Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's DominanceRiskReversal Media
Created: 8/12/2026, 6:20:13 PM

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