The Argentine

With this attitude, when maintaining the uncertainty in the economic context, causes that the families do not wish to consume and prefer to save to be prepared before a possible worsening of the situation. It is very difficult to think that the Argentine family average thinks at the moment about get into debt itself to acquire 0km, when the economy has decelerated, unemployment is increased, and the economic context sample disagreement signs. Also it is difficult to think that a company (a SME for example), is decided to invest by more loss than outside the rate, when the perspective ones on the evolution of their activity are negative (and if they were positive, the uncertainty of the awaited yield product of the fragility of the game rules, does that the required return in order to decide to invest too much it is elevated). The perception that exists is that the priority of the government would have to happen to fortify the macroeconomic scene, looking for to generate stability and transparency for that way, giving security to the deprived sector, the plan of economic stimulus can win in effectiveness. Paralelamente, and in which it seems to be an additional measurement, although not declared, while the plan begins to take form concerning small letter, the quote of the dollar in Argentina continues in ascent and it is already located in $ 3,46. The depreciation of the Argentine peso was a measurement widely demanded by the Argentine industrial sector, before of the deterioration observed by the type of real par in the last time product of the inflationary acceleration that had gotten to surpass inter-annual 30% (although in the last months it would decelerate strongly by the fall in the external inflationary pressures and the strong retraction of the local demand).

Against this background, the depreciation of the Argentine peso, protects (to less partly), to the local transable sector of the external competition (increased by the crisis), although probably it does not generate a significant impact in the exports given the gotten depressed thing of the external demand. The weakness as much of the external demand as internal, gives tranquillity of which the depreciation observed in the type of change is not transferred prices. The Argentine government continues proving different formulas to avoid the economic deterioration, which has been beginning for already several months and not as a result of the international crisis. How much he will take in recognizing his own errors and doing to him against the true problems of the Argentine economy?