If it was, then they would already have done it.

> It's already ridiculously cheap to do anything there because of their currency teetering on the edge of failure for such a long time.

If you bring a big infrastructure like that, for sure it will be quite good for the currency, which break the purpose of being there because it's cheaper, doesn't it?

Being cheaper isn't much of a benefits either, what makes it costly to operate the datacenter won't make it cheaper down there, if anything, it's going to be more expensive to import the expertise and resource required and to compensate any issue that may arise from the country in itself (power grid instability seems to be a big issue people mentions here).

> Amazon is also running out of places to build new regions

Yeah... I don't see how they are running out of places at all from that source.

> Tax breaks serve to minimize the benefits to Argentina

Tax breaks serve to bring companies there. It doesn't "serve to minimize the benefits", Amazon isn't going there to minimize the benefits to Argentina, but to maximize their benefits to themselves. It will certainly minimize the benefits though to Argentina, but it doesn't serve that purpose.

What you refuse to accept is that most likely Amazon wouldn't be there if it wasn't from that tax breaks, thus even if the benefits is lower than it could be, it's higher than it would be. I'm pretty sure Amazon didn't only contact Argentina to plan this datacenter, there's many other countries that could fit the bill in South America.