Some economists rank the position of a country in the international market (grossly) by the price of the Big Mac. I beleive it is a good sample because the product is sold in the entire world. However it does not say how much a BigMac costs in hours of labor. Presently, that would be ONE HOUR of an unqualified worker. Sad.

Anyway, this demonstrates what I was touting lately: Argentina has the lowest prices in the world for many, many products of the best quality. Think of the finest guitars, furniture, leather goods (shoes, coats, saddles, boots), textiles, wood, food industry, steel goods(!), hotel expenses, domestic travelling, and everything imaginable except electronics because the Chinese have destroyed our small electronics industry.

Our national nuclear producer INVAP is now supplying a nuclear reactor for Australia, after winning an international bid in 2001. Fortunately for us, the contract was made at international prices BEFORE the devaluation (ha!).

Un abrazo - Andrés