Actually the west has a lot to worry about because what they own is That Paper stuff.
They are worried, and even scared to death about, is that paper sooner or later will be called upon to deliver the real thing.
Once that happens the whole Western deck of cards will collapse. That is why we invest in the real things to protect our value once the collapse happens.
The west is printing more paper money, off loading derivatives and shorting stocks to delay the event and they are under the illusion that this means, if prolonged enough, will avert the disaster somehow.