Chinese cash says that a South American tech boom is incoming
technologyreview.com
technologyreview.com
As an example if you rent or buy an apartment there it will come with biannual inflation adjustments. Now imagine that the government has decided this year's inflation rate is "only" 20% but your contract says you'll give two 15% increases per year to cover inflation. There are regular protests in Buenos Aires over pay increases and other issues; anyone thinking of hiring there needs to do plenty of research first.
The most aggravating gotcha for me was finding that ATMs limit withdrawls to a small amount but stick you with a large fee for your trouble - it was 92.50 pesos to withdraw 2,000 pesos. Almost 5% ATM surcharge and the locals prefer dollars to pesos anyway. It's no wonder there are people wandering around yelling "Cambio! Cambio! Cambio!" offering to sell ARG for USD.
Wonderful, friendly, people but concerning economic stability I'd be more inclined to set up a business in Chile, or perhaps across the river in Montevideo (although the cost of Uruguayan living seemed relatively more expensive.)
They've been saying this for a long time.