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Actually not a bad idea. If they could pull it off they’d be more powerful than EU and maybe even USA.
At least when it comes to economics, doubtful. Their combined GDP is US$4.3 trillion. That’s far less than the US (US$20 trillion) and EU (US$17 trillion) and not much more than the state of California (US$3.4 trillion). That said, an economic union would absolutely excellent for Latin America.
I was thinking more protecting the rainforest, fighting corruption, globalist elites, etc. But certainly their GDP would grow as a bloc.
