Latest / Construcción Plural - Radio Trend Topic / Construcción Plural - Programa 1164
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- 0:01Plural construction, the renowned journalistic program of political analysis and current in its twentieth
- 0:08season, with the leadership of Fernando Mauri and a team of prestigious analysts listen
- 0:15to it on radio train topic to be good afternoon. We command here on
- 0:26the street doing the construction opening, but stick in view of that for labor
- 0:29issues, well we can' t be alive. We' re going to
- 0:34find a little bit of political analyst Carlos Fara, relates the selections in the
- 0:38United States and our columnist in economists Alejandro Roffmann, Julio Gambina complicated the internal
- 0:46of the provide Bulrige Marces mat Greymante des or deletes me Macrey doesn' t
- 0:50like me at all, like most of the political diligence, but the Burris
- 0:53already ran out of the pathetic, the ambitious. He has a vocation of
- 0:59power if this Nazi, but of course it is Figuresti all sign up sormal
- 1:03Devil has gone through twenty- three different political formations, and so it is
- 1:07yesterday. Pablo Román with us. It criticized and shared and I do not
- 1:11believe that this was the case in Parliament. The possibility that children under the
- 1:14age of thirteen may vote in the era of fleetingness, portability, cellulars,
- 1:18portable life, all in one hand, in the hand of liquid times,
- 1:21as Bauman, the already deceased sociologist, said. Well, vote on the
- 1:27thirteen- year- old three plie. He looks like he' s looking
- 1:30for votes in tik tok to the segment where he' s stronger. Milley
- 1:32not sixteen to thirty a delusion and will not pass alone or through the passage,
- 1:38many definitions of Agustín Montedora and super grateful economic matter. More Agustín,
- 1:42we spent forty minutes, nothing less talking with him yesterday of all, speaking
- 1:47of operations against the Government, of that stabilization of some of his colleagues with
- 1:51sticks for his colleagues, including the potorno himself that integrates said presumably the Council
- 2:01of Advisors of President Millay and expressed some criticism of the government closed in rows
- 2:06with Millay and still running it on the right more orthodoxy. Agustín Monteverde speaking
- 2:09of the impossibility of leaving the stocks that if it is devalued once, that
- 2:14is certain, That carries an evaluation later, even if it is the fifteen
- 2:16twenty later, it takes twenty or thirty. Well, the look of Agustín
- 2:21Monteverde. Here with us there are fellow economists and colleagues of yours Fernando told
- 2:28us to oppose, some with imprudence or freedom and others with abious interests,
- 2:32seeking to try a bulation and do a business. That' s what Agustí
- 2:37Monte Verde said yesterday, Streets with us the second day of financial calm,
- 2:42when we are recording this a couple of hours from the beginning of plural construction
- 2:47Blue dollars under the thousand four hundred. Let us remember that the wort,
- 2:51on Tuesday, had touched one thousand four thirty, yesterday one thousand four hundred
- 2:54and five. At this moment, two hours from the floor of the program,
- 2:58we are recording this, which is under Mexico' s hundreds six thousand
- 3:01three ninety corn risk is maintained a thousand grand records in these twenty- three.
- 3:05Well, not even the scandal is in pro in the notisa of the
- 3:07day with matrix trying to regain a little bit of independence. Like you always
- 3:12know where you' re going. Milay milake Obs is doing well virtually absorbs
- 3:15it in terms of voter base and it goes wrong. The pro falls on
- 3:21the flips. It' s very complicated. One of the news of the
- 3:23day has to do with an act in educational matters that is laudable in that
- 3:27sense, which was their government. It' s going to be the ER,
- 3:30go the structural issues. Then we will be able to do it if
- 3:32the contents of the reform are aimed more at primary and especially goes to secondary
- 3:37rather than university. And that' s right. We have to start there,
- 3:38well, an act of the President of San Juan, where they had
- 3:42an armed man. This does not mean that I want to tempt we will
- 3:45see, but it is material before armed with better to shoot in the act
- 3:52in San Juan Sessiona in the Senate says jol that the mining did not get,
- 3:55that it is discussed use in the Jugulatoria probality, which is a beating.
- 3:57Millay' s gonna have it against him and well, for an hour
- 4:00he' s picking them up and picking them up. Cool less talking about
- 4:06a scattered position, some perionism that doesn' t find its axis either,
- 4:10which we don' t understand why it lost. And with the contunity of
- 4:12the fight between the maximum Chrisne and axel Kislogs more than twenty days and the
- 4:23wolf driving, now you see the governor on the weekend with this subject that
- 4:26I ate myself although I did not tell to the air this topic of the
- 4:29accident, for not following the police, for not following the subject I thought
- 4:32that, effectively able this theory to be true. Well, it says so
- 4:35here, but this must be so much about people. Unfortunately, it was
- 4:39an accident. Well what did the operative that made holographisca very well today clarín
- 4:43in so editorial page two. I think it' s the Julia Gambini,
- 4:47which is the operation the governor did trying to find a success and which,
- 4:49I know, was pretty pathetic and we still don' t know anything about
- 4:54twenty- five years, more than twenty years after her disappearance. Okay,
- 5:00well, here we go then let' s go for a break. After
- 5:02that we come back and that' s where I' ll lend you to
- 5:08introduce Fara Ganvine Roffman to our three audio testimonials from this week' s closing.
- 5:11On Tuesday we' ll rest the olive radio, so we' ll
- 5:15be back soon on Wednesday, after Wednesday' s holiday, we' ll
- 5:18be back here on the air. Now the pause for gratitude always to the
- 5:20people there will be seen to accompany us and chaulamos. We remind you that
- 5:32you can find us on social networks, on our website where we extend our
- 5:38journalistic work. We find ourselves on Twitter under Nick Arroba, approaches on Instagram
- 5:42fer M two thousand twenty- two. Ferm de Fermaury two thousand twenty-
- 5:47two and, as always where we upload audios from the program analysis of specialist
- 5:51columnists. Our website links approaches, blogs. You' re a beef fan.
- 6:01Enter Argentine meat, organize and find the best tips, tricks and recipes
- 6:08to prepare the best meat in the world and enjoy it with family and friends
- 6:14in the second plural building block. As I point out to our name of
- 6:19many looks in the economy, in this case Oculio Dombina more donamina to the
- 6:25left make it orthodox and take to the government of Agustín Monteverde now that of
- 6:30a minutitos of Alexander Roffman, Heterodors closer to the grinnerism. First political analysis
- 6:34by Carlos Fana, but always analyzing the role of diversity, as our name
- 6:39says. In this 20th season we went through, after our experiences in radio
- 6:44culture and now in the conversion of guitar to radio train play Carlos fara I
- 6:49talking about elections in the United States. There' s time to change Biden.
- 6:54You can do a good campaign. I res put the other answer going
- 6:57in networks and you can also go three times this in November, more than
- 7:00four months for the start of the poets in the so fara Gambini and Rosman
- 7:08to close on Tuesday we do not see ourselves on holiday on the radio of
- 7:12rest live, so we meet on Wednesday at sixteen and on the other Wednesday,
- 7:15this will be seventeen. We' ll do two hours in a row
- 7:19to get it back next Tuesday. But well, the Martis tines and happy
- 7:23independence program for everyone go to the homeland and on Wednesday and at four hours
- 7:26late we find him. Thanks to Juan, as always you can' t
- 7:30make me so happy much more and thanks to Sirvias working for preproduction. We
- 7:33hear Fana, Gambine Roffman and we leave by vay Ioane Weekend for the two
- 7:38of us Hello. It' s good. The second stage of economic policy
- 7:46began, as the Minister of Economy told us in a press conference to the
- 7:51President of the Central Bank, and there we learned that there was a second
- 7:57stage and that there is a third stage. The first stage had to do
- 8:01with the fiscal deficit full and flat adjustment. The last act of fiscal adjustment
- 8:07is more than 2, 000 layoffs over the end of weeks or the change
- 8:13of month. According to the State Workers' Association, it is a medium
- 8:20- and long- term perspective of continuity. The adjustment is a central rule
- 8:26of the economic police and the second stage is now beginning, which has to
- 8:31do with not issuing the interest paid by the Central Bank for the Central Bank
- 8:37' s debt to the banks. Banks receive deposits from individuals and banks redirect
- 8:41these resources into one- day liabilities at the Central Bank. Well, the
- 8:50Central Bank pays those interest by issuing. It says well, we' re
- 8:54not going to issue any more, or we' re going to pass this
- 8:58debt on to the Treasury and the Ministry of Economy. And it is the
- 9:01Ministry of Economy that has to pay these interests and the Minister of Economy answers
- 9:05at the press conference that good. What we are going to do to resolve
- 9:11this issue is to deepen what we were doing in the first stage, that
- 9:16is, if now the Treasury or the Ministry of Economy has to pay those
- 9:22interests, well, it will have to subtract expenses from other sides. And
- 9:26just as in this first stage he made a fiscal adjustment reduced public spending,
- 9:33he stepped on spending, although he kicked the ball forward with good spending.
- 9:37Now he' s going to go deeper into the line of adjustment. A
- 9:41first- minute meeting with the presidents of the banks is called to discuss the
- 9:50terms of the transfer of this debt from the Central Bank to the Treasury.
- 9:54And what we see is more adjustment and increase of debt with the conditionalities of
- 10:01debt, whether debt starts or is debt in dollars, and a third stage
- 10:05is announced that is linked to the elimination of exchange restrictions, what is called
- 10:11the stocks and with that growth policies. The reality is that this third stage
- 10:18will begin when the Government sees that there is an impact of what has just
- 10:26been passed in Congress, the basic law that, on the one hand,
- 10:30gives the President extraordinary powers to continue to function by decree and new decrees will
- 10:37appear. It gives it the opportunity to privatize and even those companies that did
- 10:43not enter into privatization will be able to present new draft legislation from, among
- 10:52quotation marks political success obtained by the Government with the approval of the Basic Law,
- 10:58a letter showing to external creditors, especially to the fundamental international, and
- 11:03that it has received greetings and applause because it has shown that, with little
- 11:11legislative weight, it has had the capacity to resolve essential instruments to govern,
- 11:18and the Government is preparing to continue with this political dynamic, build its own
- 11:26political strength and try in the half- shift elections, achieve improvements in the
- 11:35correlation of forces in Parliament and be able to deepen a continuity of this line
- 11:41of adjustment and restructuring. And the third stage of growth will come if the
- 11:46suggested investments come in the incentive regime for large investments, for which regulation is
- 11:54needed, the provinces need to open up to the regime and, therefore,
- 12:01many investments that are predisposed to exploit the common goods of Argentina. If lithium,
- 12:07copper, non- conventional hydrocarbons or even the primary production cycle is an
- 12:13exporter linked to agricultural crops, they will be linked to these decisions of the
- 12:24incentive scheme to large investments. And if the provinces adhere or do not adhere,
- 12:31it will be the destination of those investments and, therefore, the pressure
- 12:39on the large producers and exporters for return at the immediate juncture is slowed down.
- 12:46And this is a push- button where the Government is trying to demonstrate
- 12:52in the country and the world, especially to creditors, that it has the
- 12:56ability to define the good course. So far, reality is giving it results.
- 13:03It achieved the electoral consensus. First, it is now showing a capacity
- 13:07to discipline the parliamentary political bureaucracy, regularly trying to condition the communicational journalistic bureaucracy
- 13:18in large media and maintaining levels of consensus in society. With expectation of this
- 13:30change. Perhaps that is the point of changing the political balance in contemporary Argentina.
- 13:39That is why we say this is a push, a push among the
- 13:45big economic operators that he twisted the arm of the different governments in recent years,
- 13:50and a government that wants to become strong and set the course for the
- 13:54economy. Let' s say we' ll have to see if this is
- 13:58resolved in the middle- term ortho nl. That' s the big question.
- 14:01But this is a trick between the government and real power, where real
- 14:07power puts pressure on devaluation and the government insists it reaches. With the adjustment
- 14:11and restructuring that these newly adopted legal instruments induce and with the special powers and
- 14:18new laws, it will try to deepen the line of backward restructuring of the
- 14:26economy, of the politics of the Argentine society until the next Hello. How
- 14:31you' re worth speaking Alejandro Rofan in his weekly column. We are already
- 14:37in the moment of recording sight, passing almost half the week and the economic
- 14:43situation is of great uncertainty. No one can deny it, even if they
- 14:50share the policy of the Government. From different angles, economists are linked to
- 14:56forgiveness to official politics and who even advises on the government show him their annoyance
- 15:07at the steps the Ministry of Economy has taken on Friday to try to save
- 15:15a situation that was going to lead us all to face unsettlingly. The serious
- 15:22problem of Argentina' s economy is that, in the face of an undivided
- 15:28income, perhaps conditioned by an export process that has grown to us mainly this
- 15:35year as it was desirable, it faces a series of commitments, mainly the
- 15:41result of the necessary import of goods for the national industry and the external bending
- 15:48that every day implies, the drainage of uses for interest payments and the ambrotization
- 15:54of bonds from you that this month we have about a billion dollars to pay
- 16:03for the external eudation that I have accumulated in recent years, both in capital
- 16:08and in interest. And there is no real prospect that the Central Bank is
- 16:15in contritions, it is facing that commitment. There is no income of new
- 16:22dollars for financial agreements, because the international system including the Monetary Fund, is
- 16:30not satisfied with the ability of payment that the government does not at this moment
- 16:33have the external ovation and the neck of two of it, which implies the
- 16:38lack of tibrisas, provokes an explosion like that we are facing that we have
- 16:45already had in the last forty fifty years many experiences, the most recent the
- 16:51one of the two thousand eighteen, but we had in the thousand nine hundred
- 16:57eighty- two thousand nine eighty- nine the drama that was positioned of you
- 17:06economy when at the beginning of this one the Macrie government had no ability to
- 17:12face the external commitments and asked for help to Salvador of the prolomo that was
- 17:17the credit of the Monetary Fund. If we are once again faced with a
- 17:21situation that was to appear as it was not reinvigorated with the huge credit that
- 17:26Octaword Fund was capacity to export. Under these circumstances, the Government began carving
- 17:33seven months ago in the quest to tackle the problem of high inflation and external
- 17:42logging, with totally wrong tools. External bending is present and difficult to cope
- 17:52with. What is sought with the first steps taken by the new government to
- 17:59evaluate very strong to stimulate export. But that does not happen because when the
- 18:07producers, fundamentally those of lagro, have to put all their effort in that
- 18:12direction, they produce important volumes like that of this year of Soka and Maíz,
- 18:21which are the two exprotating stars, but they do not deliver their productions
- 18:26to the market in the desirable quantity, because they expect an evaluation. As
- 18:32they know that the Government will not face a critical situation in the external sectarianist,
- 18:37they are sure that it will have to devalue in order to emerge from
- 18:41the crisis. It is that it is wrapped five dollars, there is no
- 18:45way out and, moreover, that it has been able to moderate the increase
- 18:52in prices and have managed to eliminate fiscal defitit, at least temporarily. They
- 18:56are very weak outflows because they are going to be, in the case of
- 19:00prices, comparing forward increases in tariffs that are indefensible and that would surely have
- 19:08caused very high price index values. And in the case of State resources,
- 19:15they cannot be increased because there is no effective capacity for economic growth in the
- 19:26midst of a sharp contraction of wages, of informal sectors, of pensions,
- 19:32all to achieve, in the latter case, retirement, the cessation of public
- 19:37works, a fiscal superior who fails to stimulate the income of dollars. We
- 19:44are then at a very dangerous crossroads, a crossroads that we already had in
- 19:52the recent past several similar experiences. The crisis of two thousand one was perhaps
- 19:57the one that most resembles the one we are beginning to face. The reula
- 20:02cannot be paid, there are no dollars, the State does not stimulate production,
- 20:07which aims to replace imports and give boosts to exports and we are armed
- 20:14with these imbalances that we are facing today. What is the picture of the
- 20:19non- financial economy? We were talking about the financial crisis and now we
- 20:26know that knowing how that financial crisis has been dragging them down by measuring them
- 20:33completely regressive from the national government to the economy as a whole, to its
- 20:38growth capacity and to increasing the income of those working. There are two very
- 20:44important reports that relate to the real economy, the economy of every day,
- 20:48that which involves employment, supposes wages, represents an improvement in the distribution of
- 20:55income and a decrease in the odes of collective impoverishment. The first piece of
- 21:03information that it deserves is very important if it is the one that the Government
- 21:08of the City of Buenos Aires has just provided with statistics on poverty and indigence
- 21:15in the first quarter of this year. As you will return to the national
- 21:19level, it is for semesters and will only be known in September. This
- 21:23first statistical report by the government of the city of Buenos Aires was the revealer
- 21:30of the very high social cost it has produced to a wrong policy of national
- 21:36government. The only thing that has led to is the fall of the consumption
- 21:41capacity and the noticeable decrease in the income of the passive workers, who lose
- 21:49between fifteen twenty percent today their purchasing power in relation to that that they had
- 21:56in November of the two thousand twenty- three. The acts of government of
- 22:00the city through its lending direction, imply that in the first quarter of this
- 22:07year, the level of poverty reached is thirty- five percent of the population
- 22:11in that of indigence. Fifteen percent of the population almost doubled the case of
- 22:19indigence and more than 100 percent increase in the case of poverty. The data
- 22:27of the first quarter of the two thousand twenty- three, that is,
- 22:33we have had very strong of this social gold without being able to satisfy the
- 22:42income needs sufficient to feed on nothing less than fifteen percent of the population of
- 22:47the city of Buenos Aires, the richest city in the country. This fifteen
- 22:51percent is approximately four hundred fifty thousand porteños that do not reach them. The
- 22:57income to eat was practically the mical a year ago and much more than a
- 23:06year ago. Yes, in nine years, when Cristina Fernández' s term
- 23:11as President ended, it was six percent. That is to say, those
- 23:18who do not have enough income to eat have increased by 150 percent once and
- 23:22a half. Here, in our city of Buenos Aires. This concrete result
- 23:30of the real economy must be added in the increase in the civil regress,
- 23:37in the distribution of income. I say he lives. The distribution of income
- 23:42shows a strong perioro in the low- income sectors, compared to an increase
- 23:48in those that have the greatest resources to survive, and this index is the
- 23:56worst in the area of poverty in the last twenty years. So it is
- 24:03not illogical to think that the crisis that we are establishing these days, with
- 24:08the increase of the exchange rate for any of the variants in which the value
- 24:15of the dollar is expressed and the increase of risk, country that supposes the
- 24:22increase of the interest to be paid for contracting credits abroad. Now they do
- 24:27not even hire, but theoretically it would be a strong blow to the finances
- 24:37of the city and the inhabitants of the city if they had to pay an
- 24:41interest rate in accordance with the detheoblation of the risk index or country. We
- 24:47are then at a very complex crossroads, that there is no way out of
- 24:55the trap of dollar misdeeds. At the same time, the policy pursued by
- 24:57the government or national authorities accentuates this situation in Italy, even at the expense
- 25:03of the income of the people' s sectors, of the sectors living on
- 25:08the retirement of SMEs, etc. I really do not know how it will
- 25:18finally turn out that this phenomenon we are describing, considering, above all,
- 25:23that it has already inherited a lot of the same one for cymos one.
- 25:29I stood a similar crossroads with a very painful result for those who least want
- 25:37the possibility of changing Biden' s candidacy for some other alternative. It clearly
- 25:45exists. Let' s say it' s, when the river sounds water
- 25:52brings, it doesn' t mean it' s going to happen necessarily,
- 25:55but it' s clear that that' s a topic. It' s
- 26:00early July. The election is not month seven. The election is the first
- 26:06days of November. He' s the one that' s got four months
- 26:08left. The point here is vaid Not so bad from the point of view
- 26:21of the difference in the average of polls but the problem is whether Biden can
- 26:30win in some key states that allow him to control the electoral college, which
- 26:36is complicated today. Let' s not say right now the site sees Clear
- 26:42Politics, which is constantly updating with new national polls, making a difference of
- 26:49almost three points in favor of Trump. But that is not the most important
- 26:56thing, because, as happened in the year two thousand sixteen GIS with more
- 27:00votes and trump the President because he won in some key states, with which
- 27:04he turned the electoral college in his favor from anyway, Camala Javis, of
- 27:18which was talked about his eventual possibility, is not a figure that is having
- 27:22good, that already had good repercussions on public opinion, but is not a
- 27:27good replacement of Biden. The issue is already in March the Democratic Party'
- 27:40s top capitotes had begun to move chips to see if they would replace it,
- 27:48although the discussion on the issue of age had moved there from Obama to
- 27:53Bill Clinton himself. That didn' t work out. As time goes by,
- 28:00these operations are more complicated and, in addition, it needs to be
- 28:07very well designed, because you can play a big chip and if it goes
- 28:11wrong, that is the first impression, it goes wrong and then why did
- 28:17you change it? Let' s not say. A whole internal debate begins
- 28:18on whether they made an absolutely unprecedented move and that does not have the expected
- 28:27impact. I guess there must be a lot of characters measuring alternatives, not
- 28:37just at the national level. I insist if not on the key states,
- 28:41where he finally stayed with the election in the two thousand sixteen times to install
- 28:48a new figure that he can win there is because the times of public opinion
- 28:56have considerably shortened with the context of social networks. In order not to go
- 29:03further than others, Miley not only a phenomenon because they are a pccider,
- 29:11but also because of the speed in which he settled as a presidential candidate with
- 29:15possibilities. So there' s a different timing issue than at any other time
- 29:21in history, and that gives you more opportunity to turn the tobacco around in
- 29:26the short term. That said, they are always very complex operations and you
- 29:33have only one card to play in your hand. You don' t have
- 29:37more than one chip and the chip that If the chip goes wrong it is
- 29:45badly played, obviously you are very complicated the possibilities and channels. And behind
- 29:49that a fundamental thing in the United States, which is fundraising to solve a
- 29:53powerful campaign.