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 GavelkalEvidence 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”
Created: 8/12/2026, 6:20:13 PM
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