Every country in the world now realizes its reserves and assets in foreign banks are subject to seizure

 I’m not arguing that’s bad; I am suggesting it’s new. 

Now the rules say that your assets can be seized. Even if you have no intention of ever breaking the rules, you would be foolish not to notice that the rules have changed, especially if you are China. 

Wheat is up 40% this week. 

“How did you go bankrupt? Two ways. Gradually, then suddenly.”

                                                   - Ernest Hemingway, The Sun Also Rises

John Mauldin 4 March 2022

https://www.mauldineconomics.com/frontlinethoughts/change-squared