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Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 1 year ago (1 children)

also China was handpicked by the American capitalists to be the manufacturing hub (cheap currency was a cherry on top). Countries recently forced to devalue currencies haven't had a similar manufacturing boom especially because global economy is doing kinda shit.

[–] [email protected] 14 points 1 year ago

also back then there was western industry that could be offshored to china. whose industry's gonna move to argentina now? nobody else with a significant manufacturing sector is stupid enough to do it, after watching the west shoot itself in the foot. or so one would hope...