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> Even that argument is starting to fall apart. Yes, that's what's happening. They were paying tribute, based on a mutually beneficial status quo. Now they're
by SideburnsOfDoom 2y ago
> Even that argument is starting to fall apart.
Yes, that's what's happening. They were paying tribute, based on a mutually beneficial status quo. Now they're asking if they should continue to.
- AnimalMuppet 2y agoThey weren't (for the most part) paying tribute. They were putting their money somewhere safe - somewhere where the risks of default, inflation, and devaluation were lower than other places. But I agree, now they're asking if they should continue, because those assumptions are starting to look invalid.