Geopolitical tensions are rising, as they tend to when the economic clout of autocratic powers reaches a point where it threatens that of liberal democracies An economic or kinetic conflict (for example, triggered by a Chinese invasion of Taiwan), or a mix of the two, could lead to a fracturing of the global economy into competing geopolitical, geoeconomic blocs, and an economic tit-for-tat between the US and China In such a world, the potential for foreign governments to expropriate assets