The country of Spain warns against another terminal crisis in Argentina

"Argentines trigger alarms of another terminal crisis", titled the Spanish media after the tension felt in recent days by the rise of the dollar and the increase in country risk.

The note formed by the journalist Federico Rivas Molina, ensure that the collapse of the peso activates the strategies of a population accustomed to extreme situations. "Argentines are feeling the imminence of a big crisis on their skin. It's an almost imperceptible sensation, a discomfort that runs through the body and suggests that something is not right after the calm of a given day. "

"The discomfort grows little by little until it becomes disturbing and then distressing. Reality ends up giving them reason. This time, they have long skin, bristling, attentive to a new debacle. In the streets of Buenos Aires breathe the crisis, "he said.

The article indicates that the result of STEP consumed the worst omens. "The peso has collapsed nearly 30% since Monday and the stock market has lost 38% of its value in a single day, the second largest decline in the history of the markets." The political blockade between a powerless president and a winner who must validate his title in October make things even more difficult. What are Argentines doing in the face of the disaster? What they always did: wait.

Rivas Molina further indicates that the starting point of the crisis was in May of last year, when President Mauricio Macri announced the start of a negotiation with the International Monetary Fund. "Macri presented as a blessing that the rest of the world had so much confidence in his government that he was ready to lend him money, a lot of money. 000 million dollars, an unprecedented record With the return to the Fund, the memory of the worst The crisis has ruined the dream of the Argentines, who have since prepared for the worst, and the worst has happened, "said the journalist.

The paper also points out that in the face of uncertainty, traders must look for alternatives to not close their businesses.

"The daily life of Argentines goes far beyond the purchase of money before the price against the peso continues to rise. When children sing, no one has "a mango" and there is little room to spare if it's a simple employee. There were also no long queues for banks to withdraw money, perhaps for fear of greater evils, "the article said.