The arbitrary use of the Western monetary system as a means of punishment is the main turnaway.
What is the point of having dollar denominated assets if they can be confiscated on a whim?
The ability of the US to impose effective sanctions on nations that must use the dollar for commerce or as a reserve currency gives great power to American politicians as Russia, Iran and some individuals around the world have learned. Every time sanctions are imposed or individual accounts are “frozen” or confiscated it does alarm many and further undermines confidence or willingness to invest in dollars.US politicians ought to realize that traditional respect for individual civil liberties and private property resulted in huge amounts of capital from all around the world invested in American properties, securities and bank deposits that heretofore were protected by the US constitution. As the Left gains power in the US, there will be much less of that capital invested here and a lower demand for dollars.
IMHO gold will increase in value and would syrocket if not for the fascination with cryptocurrencies.
The protection of property is so important. And Western governments are flinging it away on a whim. It may take decades to restore that trust.
I heard that non-Russian money was flowing out of London. If that's true, the UK will discover the real cost of those yachts.