https://www.irishtimes.com/business/economy/argentina-raises-inte...

https://www.irishtimes.com/business/economy/argentina-raises-interest-rates-to-60-1.3612339

argentina does have its monetary inflation and history of defaults, but where does that put us?

what does your AUD buy you ? a lot of pesos.   If locals are paid in pesos does that mean we have a cheap work force ?

The interest rate has jumped to 60% from 45% to try and get a tightening on inflation.  Makes it difficult for locals to debt finance, but for a foreign company buying mining assets where the minerals are sold in USD ??

Im no economist, so i cant say really.