I worry right now that the risk premium, especially in asia, which does not have western europe's built up anti war tradition. North korea is a particularly hard to understand case that might be highly dangerous. I don't have a prediction, but it's my single biggest worry, that the south china sea and northeast asia are less stable than we think. Is there any way in which your outlook differs to shellings? Please repeat that. And i'm not convinced the taboo is that rong. It's certainly the case no one has used them.

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