Tracking Milei’s Wins:
Huawei does a lot of business in Argentina. As a result of the recent Argentinian currency instability crisis, it has become impossible for Argentina to pay China in RMB or USD, and Huawei really doesn’t want to be stuck holding the hot potato (Argentinian Pesos) in its accounts.
Imagine you have two cows:
Huawei has immediately been taking any payment it receives in pesos, and immediately flipping it by purchasing Argentinian beef, which it then ships to sell back in China. China is the largest importer of beef in the world, and Huawei is now China’s largest importer of beef, which makes it quite possible that Huawei is currently the world’s largest beef importer.
It’s been very difficult to find any English media talking about this, so here is a link to the article
Always a good sign when a perishable good with a week long shelf life is a more stable investment than your national currency.
Plus the price of beef in China has fallen for like two years straight and it’s still seen as a better investment than Argentinian currency
with a week long shelf life
Loud laughing in supermarket language
I saw "supermarket" and tried to parse it like "superstructure" or "superprofits"
does this mean i'm not a lib?
It's got to mature somewhere. The longer the trip, the more you can sell it for lol
Moolei will tell you that Argentina refuses to business with China while China keeps its entire beef industry afloat
Somewhere in Argentina a Milei voter is frothing at the mouth about China demasculating Argentina by depriving them of steak
you can use google/yandex to translate news articles pretty easily, just fyi
This is hilarious btw, thank you
You’re welcome. Huawei is your one stop shop for 5G or Steak!
Remember when an argentinian peso was worth like 200 chilean pesos and now the chilean peso is worth more than the argentinian peso
Chile Campeón
Resurrect Allende and we will have 200 argentinian pesos be equal to one chilean peso in half a year
Don't resurrect Allende and we will have the same thing but it'll take more time
New Huawei phones are gonna be shipped with a serving of medium rare steak.
monkeys paw curls
you must now carry home a comically large stack of raw beef home every other thursday in traffic
if you know an easier way to get colon cancer and heat stroke at the same time then enlightenment me otherwise i think my method is pretty efficient
This is what you get for bastardizing libertarianism, you are dependent on communism
this is so fucking funny actually, capitalism is absolute nonsense
