The China Stock Market Crash And Argentina

[ghost]

It's a sad state of affairs when one countries welfare is dependent upon another countries soy sauce usage.

Sad but true.

 

[nkotb]

"It's a sad state of affairs...."
Actually, that isn't the case. Not to let facts get in the way of a good narrative, but only 6.3% of Argentina's exports go to China (the top export destination is Brazil with 21%). You may find this informative, I know I did: https://atlas.media.mit.edu/en/profile/country/arg/

 

[ghost]

The picture is quite sad. Argentina's side agro out and techno in. The picture does a good job of explaining "lack of investment". The commodities boom was gift capable of producing massive internal investment that never happened. There's that "sad" word again.

 

[Bajo_cero2]

It's a sad state of affairs when one countries welfare is dependent upon another countries soy sauce usage.

Soy is used to feed pigs and make tofu, cookies, oil, soup, etc.

 

[camberiu]

The Next Domino to Fall: Latin America

To me, the countries in the region that are in worse shape to deal with an international crisis triggered by China are:

1) Venezuela
2) Argentina
3) Ecuador
4) Brazil

 

[ajoknoblauch]

Soy is used to feed pigs

In reality, the soy export tax is used for that purpose...