Brazilian real = 0.19 to us dollars and Argentine = 0.0055 peso to us dollars , someone will get screwed
Argentina has a pretty grim economic record. Last year inflation was 94.8%. It’s not like tethering yourself to a corpse; more like tethering yourself to a zombie
https://www.bbc.com/news/business-64258488.amp
Yep, two monetarily unstable countries...what can go wrong?
Maybe.
How about meeting in the middle and stop being screwed by dealing with the US Dollar like they are doing now.
Why did Brazil decide Argentina was the country to partner with? Argentina has been known for bad inflation for decades.
Exactly, and I’m going into business by heavily investing in my alcoholic brother in law.