The Financial WMDs Weapons of Mass Destruction

Sovereigns will have to realize that Money in a bank can go poof poof any time of deposit anytime regardless of deposit insurance. A much larger gold allocation is necessary as a safeguard against the existential risks posed by financial sanctions. The one good thing that russia did was they had a whole bunch of gold And that's protecting them. So what happened today? I think when you have People breaking confidence in the system. You're creating risk in assets for people thought were risk-free and they'll have to just their behavior accordingly.