China - Argentina $7.2 Billion Swap Deal

[@InvestGlobal]

Today we are discussing a currency exchange agreement between China and Argentina that has officially been expanded. The contract should increase Argentina's foreign exchange holdings and reduce the foreign currency leaving the central bank.

[@BlackLabelExpat]

I think more importantly is it now going to be called BRICSA, BRAICS, or BRASIC

[@InvestGlobal]

BRASIC gets my vote

[@adamada101]

Hey buddy. Little off topic, but I’m curious of your thoughts on yield app these days. Hope you’re doing good bro 😎

[@InvestGlobal]

Still great in long term defi plays, alot is changing with regulation so lets see how they adapt to change. Will make a video covering crypto landscape & thoughts moving forward soon.

[@Antonio-yy2ec]

Argentina part of BRICS? You almost make me laugh, a country aiming to be leader in their region doesn’t have hyper inflation twice, also a country aiming to be regional leader doesn’t let other countries pay their international debt twice.

[@InvestGlobal]

en.mercopress.com/2022/09/12/argentina-formalizes-its-brics-membership-application

[@Antonio-yy2ec]

Argentina, the Europe of South America, sure they are European when they have the Greek economy of our continent, the country of mantenidos

[@InvestGlobal]

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