Governments. Two sets of laws, two currencies, etc. This applies to every LATAM country. It’s just Brazil and Mexico are the biggest. It’s also bad because the

Governments. Two sets of laws, two currencies, etc. This applies to every LATAM country. It’s just Brazil and Mexico are the biggest. It’s also bad because the governments are relatively bureaucratic and/or corrupt. So there are 650 million people, but it’s like the value is in a few dozen hard to open boxes.