{"id":976,"date":"2015-08-26T07:44:49","date_gmt":"2015-08-26T10:44:49","guid":{"rendered":"http:\/\/estudiofittipaldi.com\/html\/?p=976"},"modified":"2015-08-26T07:44:49","modified_gmt":"2015-08-26T10:44:49","slug":"china-brasil-y-el-camino-del-dolar-a-20-en-argentina","status":"publish","type":"post","link":"http:\/\/estudiofittipaldi.com\/html\/?p=976","title":{"rendered":"China, Brasil y el camino del d\u00f3lar a $20 en Argentina"},"content":{"rendered":"<header>\n<header>\n<h1 style=\"font-family: 'Patua One', times, serif; padding: 0px 0px 20px; margin: 0px 0px 20px; font-size: 56px; line-height: 56px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(209, 209, 209);\">\n\t\t\tChina, Brasil y el camino del d&oacute;lar a $20 en Argentina<br \/>\n\t\t<\/h1>\n<div id=\"descripcion\" style=\"font-size: 26px; line-height: 34px; margin-bottom: 20px;\">\n\t\t\tTodos sabemos que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. Pero, &iquest;cu&aacute;nto se fortaleci&oacute; contra cada pa&iacute;s?\n\t\t<\/div>\n<\/header>\n<section id=\"content\" style=\"position: relative;\">\n<div class=\"sombra\" id=\"articulo-redes-sociales\" style=\"box-shadow: rgb(153, 153, 153) 0px 3px 10px; position: absolute; left: 0px; top: 0px; border-radius: 3px; width: 90px; z-index: 999; padding-left: 10px; color: rgb(0, 0, 0); font-family: 'Droid Sans', helvetica, arial, sans-serif; font-size: medium; line-height: normal; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;\">\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n<div class=\"fb-share-button fb_iframe_widget\" data-href=\"http:\/\/fortunaweb.com.ar\/2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina\/\" data-type=\"box_count\" fb-iframe-plugin-query=\"app_id=733796846635173&amp;container_width=90&amp;href=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;locale=es_LA&amp;sdk=joey&amp;type=box_count\" fb-xfbml-state=\"rendered\" style=\"display: inline-block; 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clear: both;\">\n\t\t\t\t<iframe allowtransparency=\"true\" class=\"twitter-share-button twitter-share-button-rendered twitter-tweet-button\" data-url=\"http:\/\/fortunaweb.com.ar\/2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina\/\" frameborder=\"0\" id=\"twitter-widget-i1440531232647130786\" scrolling=\"no\" src=\"http:\/\/platform.twitter.com\/widgets\/tweet_button.eb4cec9922931259d39f7e6e609af430.en.html#_=1440531232683&amp;count=vertical&amp;dnt=false&amp;id=twitter-widget-i1440531232647130786&amp;lang=en&amp;original_referer=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;size=m&amp;text=China%2C%20Brasil%20y%20el%20camino%20del%20d%C3%B3lar%20a%20%2420%20en%20Argentina%20%7C%20FORTUNA%20WEB&amp;type=share&amp;url=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;via=Fortunaweb\" style=\"width: 56px; position: static; visibility: visible; height: 61px;\"><\/iframe>\n\t\t\t<\/div>\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n<div id=\"___plus_0\" style=\"margin: 0px; padding: 0px; border-style: none; float: none; font-size: 1px; vertical-align: baseline; display: inline-block; width: 77px; height: 60px; background: transparent;\">\n\t\t\t\t\t<iframe data-gapiattached=\"true\" frameborder=\"0\" hspace=\"0\" id=\"I0_1440531232659\" marginheight=\"0\" marginwidth=\"0\" name=\"I0_1440531232659\" scrolling=\"no\" src=\"https:\/\/apis.google.com\/u\/0\/se\/0\/_\/+1\/sharebutton?plusShare=true&amp;usegapi=1&amp;action=share&amp;annotation=vertical-bubble&amp;origin=http%3A%2F%2Ffortunaweb.com.ar&amp;url=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;gsrc=3p&amp;ic=1&amp;jsh=m%3B%2F_%2Fscs%2Fapps-static%2F_%2Fjs%2Fk%3Doz.gapi.es.tFXn6fKTD5o.O%2Fm%3D__features__%2Fam%3DAQ%2Frt%3Dj%2Fd%3D1%2Ft%3Dzcms%2Frs%3DAGLTcCMi7_EcTgJK7g3w_pHeUI1ytbgTzw#_methods=onPlusOne%2C_ready%2C_close%2C_open%2C_resizeMe%2C_renderstart%2Concircled%2Cdrefresh%2Cerefresh&amp;id=I0_1440531232659&amp;parent=http%3A%2F%2Ffortunaweb.com.ar&amp;pfname=&amp;rpctoken=40727906\" style=\"width: 77px; position: static; top: 0px; margin: 0px; border-style: none; left: 0px; visibility: visible; height: 60px;\" tabindex=\"0\" title=\"+Compartir\" vspace=\"0\" width=\"100%\"><\/iframe>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n\t\t\t\t<span class=\"IN-widget\" style=\"line-height: 1; vertical-align: baseline; display: inline-block; text-align: center;\"><span style=\"padding: 0px !important; margin: 0px !important; display: inline-block !important; vertical-align: baseline !important; font-size: 1px !important;\"><span class=\"IN-top IN-empty\" id=\"li_ui_li_gen_1440531233879_1-container\" style=\"display: inline-block !important; overflow: visible !important; position: relative !important; height: 42px !important; cursor: pointer !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1\" style=\"display: inline-block !important; height: 42px !important; width: 60px !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: transparent !important; background-position: -207px -470px !important; background-repeat: no-repeat !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1-inner\" style=\"overflow: hidden !important; margin: 4px auto 0px !important; width: 28px !important; height: 28px !important; display: block !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: transparent !important; background-size: initial !important; background-position: 0px -560px !important; background-repeat: no-repeat !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1-content\" style=\"display: inline-block !important; font-size: 16px !important; color: rgb(78, 78, 78) !important; font-weight: bold !important; font-family: Arial, sans-serif !important; line-height: 38px !important; text-indent: -999px !important;\">0<\/span><\/span><\/span><\/span><\/span><br \/>\n\t\t\t\t<span style=\"padding: 0px !important; margin: 0px !important; display: inline-block !important; vertical-align: baseline !important; font-size: 1px !important;\"><span id=\"li_ui_li_gen_1440531233867_0\" style=\"position: relative !important; overflow: visible !important; display: block !important;\"><a id=\"li_ui_li_gen_1440531233867_0-link\" style=\"color: rgb(0, 106, 156); border: 0px !important; height: 20px !important; padding: 0px !important; margin: 0px !important; display: inline-block !important;\"><span id=\"li_ui_li_gen_1440531233867_0-logo\" style=\"box-sizing: content-box !important; cursor: pointer !important; border-width: 0px 1px 0px 0px !important; border-right-style: solid !important; border-right-color: rgb(6, 96, 148) !important; text-indent: -9999em !important; overflow: hidden !important; padding: 0px !important; margin: 0px !important; position: absolute !important; left: 0px !important; top: 0px !important; display: block !important; width: 20px !important; height: 20px !important; float: right !important; border-radius: 2px !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: rgb(0, 119, 181) !important; background-size: initial !important; background-position: 0px -593px !important; background-repeat: no-repeat !important;\">in<\/span><span id=\"li_ui_li_gen_1440531233867_0-title\" style=\"box-sizing: content-box !important; color: rgb(255, 255, 255) !important; cursor: pointer !important; display: block !important; white-space: nowrap !important; float: left !important; margin-left: 1px !important; vertical-align: top !important; overflow: hidden !important; height: 18px !important; padding: 0px 4px 0px 23px !important; border: 1px solid rgb(0, 119, 181) !important; text-shadow: rgb(0, 88, 135) 0px -1px !important; line-height: 20px !important; border-radius: 2px !important; background-image: -webkit-linear-gradient(top, rgb(0, 119, 181) 0%, rgb(0, 119, 181) 100%) !important; background-color: rgb(0, 119, 181) !important;\"><span id=\"li_ui_li_gen_1440531233867_0-title-text\" style=\"box-sizing: content-box !important; font-size: 11px !important; font-family: Arial, sans-serif !important; font-weight: bold !important; -webkit-font-smoothing: antialiased !important; display: inline-block !important; vertical-align: top !important; height: 18px !important; float: none !important; background: none transparent !important;\">Compartir<\/span><\/span><\/a><\/span><\/span><\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"autor-nota\" style=\"width: 100px; float: left; padding: 7px; margin: 0px 15px 15px 116px; font-stretch: normal; font-size: 14px; line-height: 16px; font-family: 'Droid Sans', arial, sans-serif; border-radius: 2px; text-align: center; color: rgb(0, 0, 0); background: rgb(234, 235, 237);\">\n\t\t\t<img decoding=\"async\" alt=\"autor\" src=\"http:\/\/fortunaweb.com.ar\/wp-content\/uploads\/2014\/04\/miguel-boggiano.jpg\" style=\"width: 100px; height: auto;\" \/>Escribe<br \/>\n\t\t\t<a href=\"http:\/\/fortunaweb.com.ar\/author\/miguel-angel-boggiano\/\" rel=\"author\" style=\"color: rgb(0, 106, 156); text-decoration: none;\">Miguel Angel Boggiano<\/a>\n\t\t<\/div>\n<p class=\"primero\" style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tTodos sabemos&nbsp;que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. Pero, &iquest;cu&aacute;nto se fortaleci&oacute; contra cada pa&iacute;s? Veamos el siguiente gr&aacute;fico:\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"Dolar_Ultimos_12 meses\" class=\"lazy aligncenter wp-image-12748 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Dolar_Ultimos_12-meses.png?resize=474%2C344\" data-lazy-type=\"image\" height=\"344\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Dolar_Ultimos_12-meses.png?resize=474%2C344\" style=\"display: inline;\" width=\"474\" \/>\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tEn funci&oacute;n de estos datos&nbsp;podemos decir dos cosas:\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t1. El peso argentino (al tipo de cambio oficial) es la cuarta moneda que menos terreno perdi&oacute; en el mundo frente al d&oacute;lar, luego del yu&aacute;n, la libra y el franco suizo. No s&oacute;lo eso,&nbsp;la inflaci&oacute;n en China es del 1,6%, en el Reino Unido es del 0% y en Suiza es del -1,3%. Si tenemos en cuenta que en Argentina la inflaci&oacute;n del &uacute;ltimo a&ntilde;o&nbsp;se aproxima al 30%, observamos&nbsp;que en t&eacute;rminos reales, Argentina se encareci&oacute; contra pr&aacute;cticamente todos los pa&iacute;ses del mundo. A esto nos referimos los economistas cuando hablamos de &ldquo;Tipo de Cambio Atrasado&rdquo;.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t2. China es el pa&iacute;s cuya moneda menos se desvaloriz&oacute; contra el d&oacute;lar en el &uacute;ltimo a&ntilde;o. Si miramos la evoluci&oacute;n del yuan en los &uacute;ltimos 5 a&ntilde;os, nos encontraremos con que es la moneda que m&aacute;s se ha fortalecido en el mundo. Esta valorizaci&oacute;n de&nbsp;la moneda&nbsp;comienza&nbsp;a ser un problema grave para China. Ahora bien, observemos&nbsp;la evoluci&oacute;n del yu&aacute;n y de sus pares asi&aacute;ticos contra el d&oacute;lar en los &uacute;ltimos 5 a&ntilde;os:\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"China_Yuan_vs_Peers\" class=\"lazy aligncenter size-full wp-image-12749 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_vs_Peers.jpg?resize=474%2C276\" data-lazy-type=\"image\" height=\"276\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_vs_Peers.jpg?resize=474%2C276\" style=\"display: inline;\" width=\"474\" \/>\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t&iquest;Qu&eacute; podemos concluir de esto? Que el gigante asi&aacute;tico&nbsp;se est&aacute; volviendo caro frente a los Estados Unidos. Adem&aacute;s, los salarios en China vienen creciendo r&aacute;pidamente, por lo que su problema de competitividad se agrava a&uacute;n m&aacute;s:\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"China_Yuan_Wages\" class=\"lazy aligncenter size-full wp-image-12750 data-lazy-ready\" data-lazy-src=\"http:\/\/i2.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_Wages.jpg?resize=474%2C212\" data-lazy-type=\"image\" height=\"212\" src=\"http:\/\/i2.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_Wages.jpg?resize=474%2C212\" style=\"display: inline;\" width=\"474\" \/>\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tHace una d&eacute;cada&nbsp;se necesitaban 8,25 yuanes para comprar un d&oacute;lar; hoy s&oacute;lo se necesitan 6,40. En dicho&nbsp;per&iacute;odo, el salario promedio se multiplic&oacute; por 4. En consecuencia, si China pretende seguir siendo la f&aacute;brica del mundo, va a necesitar ser a&uacute;n m&aacute;s competitiva. &iquest;Qu&eacute; consecuencias trae&nbsp;una devaluaci&oacute;n de China y qu&eacute; implica esto para&nbsp;Argentina y Brasil?\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tChina es el principal socio comercial de Brasil y recibe el 20% de sus exportaciones. A su vez, es el segundo socio comercial de Argentina representando el 7% de nuestras exportaciones. Teniendo&nbsp;en cuenta que Brasil es el mayor&nbsp;socio comercial de Argentina, si la devaluaci&oacute;n del yuan&nbsp;es mala para Brasil, tambi&eacute;n lo es para Argentina.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t&iquest;Qu&eacute; bienes exporta Brasil a China? Del total, el&nbsp;40% es soja y otro 40% es mineral de hierro. &iquest;Qu&eacute; exporta Argentina a China? Alrededor del&nbsp;60% est&aacute; relacionado al complejo sojero. Entonces veamos, &iquest;Qu&eacute; sucedi&oacute; recientemente con la soja cuando se efectiviz&oacute; la&nbsp;devaluaci&oacute;n china?\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"Soybeans_Intraday\" class=\"lazy aligncenter wp-image-12751 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Soybeans_Intraday.png?resize=474%2C171\" data-lazy-type=\"image\" height=\"171\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Soybeans_Intraday.png?resize=474%2C171\" style=\"display: inline;\" width=\"474\" \/>\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tEl precio de la soja Chicago cay&oacute; de US$ 10,10 a US$ 9,25 por bushel (de US$ 460 a US$ 425 por tonelada m&eacute;trica). Esta importante ca&iacute;da del 7% es una muy mala noticia tanto para Brasil como para&nbsp;Argentina.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tConclusiones:\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tLuego de la impresionante revalorizaci&oacute;n del yu&aacute;n en los &uacute;ltimos 10 a&ntilde;os, China a&uacute;n tiene mucho espacio para devaluar. &iquest;Por qu&eacute; debe hacerlo? Porque est&aacute; perdiendo competitividad a gran&nbsp;velocidad y ello afecta su nivel de crecimiento, que aunque hoy se encuentra en 6,5%, ha mostrado una desaceleraci&oacute;n sin pausa&nbsp;durante la &uacute;ltima d&eacute;cada.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tNo es s&oacute;lo el descontrol en la emisi&oacute;n de pesos lo que pone presi&oacute;n sobre el d&oacute;lar en Argentina. Esta vez, las presiones que vienen desde afuera tambi&eacute;n empujan hacia una devaluaci&oacute;n absolutamente inevitable.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tSi quisi&eacute;ramos retroceder en el tiempo y ver&nbsp;la foto de Argentina y Brasil de hace 12 meses, tenemos que analizar que:<br \/>\n\t\t\t1. El peso se depreci&oacute; un 10% frente al d&oacute;lar, mientras que el real lo hizo en&nbsp;un 35%.<br \/>\n\t\t\t2. La inflaci&oacute;n en Brasil fue del 9% en los &uacute;ltimos 12 meses, mientras que en la Argentina fue del 30%.\n\t\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t\tNecesitar&iacute;amos un d&oacute;lar oficial en $20 s&oacute;lamente para encontrarnos&nbsp;en exactamente el mismo lugar que hace un a&ntilde;o&nbsp;con Brasil. Y hacia all&iacute; vamos. El d&oacute;lar en Argentina sigue barato y tiene mucho espacio para subir.\n\t\t<\/p>\n<div>\n\t\t\t&nbsp;\n\t\t<\/div>\n<\/section>\n<div id=\"descripcion\" style=\"font-size: 26px; line-height: 34px; margin-bottom: 20px;\">\n\t\tTodos sabemos que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. Pero, &iquest;cu&aacute;nto se fortaleci&oacute; contra cada pa&iacute;s?\n\t<\/div>\n<\/header>\n<section id=\"content\" style=\"position: relative;\">\n<div class=\"sombra\" id=\"articulo-redes-sociales\" style=\"box-shadow: rgb(153, 153, 153) 0px 3px 10px; position: absolute; left: 0px; top: 0px; border-radius: 3px; width: 90px; z-index: 999; padding-left: 10px; color: rgb(0, 0, 0); font-family: 'Droid Sans', helvetica, arial, sans-serif; font-size: medium; line-height: normal; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;\">\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n<div class=\"fb-share-button fb_iframe_widget\" data-href=\"http:\/\/fortunaweb.com.ar\/2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina\/\" data-type=\"box_count\" fb-iframe-plugin-query=\"app_id=733796846635173&amp;container_width=90&amp;href=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;locale=es_LA&amp;sdk=joey&amp;type=box_count\" fb-xfbml-state=\"rendered\" style=\"display: inline-block; 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clear: both;\">\n\t\t\t<iframe allowtransparency=\"true\" class=\"twitter-share-button twitter-share-button-rendered twitter-tweet-button\" data-url=\"http:\/\/fortunaweb.com.ar\/2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina\/\" frameborder=\"0\" id=\"twitter-widget-i1440531232647130786\" scrolling=\"no\" src=\"http:\/\/platform.twitter.com\/widgets\/tweet_button.eb4cec9922931259d39f7e6e609af430.en.html#_=1440531232683&amp;count=vertical&amp;dnt=false&amp;id=twitter-widget-i1440531232647130786&amp;lang=en&amp;original_referer=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;size=m&amp;text=China%2C%20Brasil%20y%20el%20camino%20del%20d%C3%B3lar%20a%20%2420%20en%20Argentina%20%7C%20FORTUNA%20WEB&amp;type=share&amp;url=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;via=Fortunaweb\" style=\"width: 56px; position: static; visibility: visible; height: 61px;\"><\/iframe>\n\t\t<\/div>\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n<div id=\"___plus_0\" style=\"margin: 0px; padding: 0px; border-style: none; float: none; font-size: 1px; vertical-align: baseline; display: inline-block; width: 77px; height: 60px; background: transparent;\">\n\t\t\t\t<iframe data-gapiattached=\"true\" frameborder=\"0\" hspace=\"0\" id=\"I0_1440531232659\" marginheight=\"0\" marginwidth=\"0\" name=\"I0_1440531232659\" scrolling=\"no\" src=\"https:\/\/apis.google.com\/u\/0\/se\/0\/_\/+1\/sharebutton?plusShare=true&amp;usegapi=1&amp;action=share&amp;annotation=vertical-bubble&amp;origin=http%3A%2F%2Ffortunaweb.com.ar&amp;url=http%3A%2F%2Ffortunaweb.com.ar%2F2015-08-19-165461-china-brasil-y-el-camino-del-dolar-a-20-en-argentina%2F&amp;gsrc=3p&amp;ic=1&amp;jsh=m%3B%2F_%2Fscs%2Fapps-static%2F_%2Fjs%2Fk%3Doz.gapi.es.tFXn6fKTD5o.O%2Fm%3D__features__%2Fam%3DAQ%2Frt%3Dj%2Fd%3D1%2Ft%3Dzcms%2Frs%3DAGLTcCMi7_EcTgJK7g3w_pHeUI1ytbgTzw#_methods=onPlusOne%2C_ready%2C_close%2C_open%2C_resizeMe%2C_renderstart%2Concircled%2Cdrefresh%2Cerefresh&amp;id=I0_1440531232659&amp;parent=http%3A%2F%2Ffortunaweb.com.ar&amp;pfname=&amp;rpctoken=40727906\" style=\"width: 77px; position: static; top: 0px; margin: 0px; border-style: none; left: 0px; visibility: visible; height: 60px;\" tabindex=\"0\" title=\"+Compartir\" vspace=\"0\" width=\"100%\"><\/iframe>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"share-botones\" style=\"margin: 10px 0px; clear: both;\">\n\t\t\t<span class=\"IN-widget\" style=\"line-height: 1; vertical-align: baseline; display: inline-block; text-align: center;\"><span style=\"padding: 0px !important; margin: 0px !important; display: inline-block !important; vertical-align: baseline !important; font-size: 1px !important;\"><span class=\"IN-top IN-empty\" id=\"li_ui_li_gen_1440531233879_1-container\" style=\"display: inline-block !important; overflow: visible !important; position: relative !important; height: 42px !important; cursor: pointer !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1\" style=\"display: inline-block !important; height: 42px !important; width: 60px !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: transparent !important; background-position: -207px -470px !important; background-repeat: no-repeat !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1-inner\" style=\"overflow: hidden !important; margin: 4px auto 0px !important; width: 28px !important; height: 28px !important; display: block !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: transparent !important; background-size: initial !important; background-position: 0px -560px !important; background-repeat: no-repeat !important;\"><span class=\"IN-top\" id=\"li_ui_li_gen_1440531233879_1-content\" style=\"display: inline-block !important; font-size: 16px !important; color: rgb(78, 78, 78) !important; font-weight: bold !important; font-family: Arial, sans-serif !important; line-height: 38px !important; text-indent: -999px !important;\">0<\/span><\/span><\/span><\/span><\/span><br \/>\n\t\t\t<span style=\"padding: 0px !important; margin: 0px !important; display: inline-block !important; vertical-align: baseline !important; font-size: 1px !important;\"><span id=\"li_ui_li_gen_1440531233867_0\" style=\"position: relative !important; overflow: visible !important; display: block !important;\"><a id=\"li_ui_li_gen_1440531233867_0-link\" style=\"color: rgb(0, 106, 156); border: 0px !important; height: 20px !important; padding: 0px !important; margin: 0px !important; display: inline-block !important;\"><span id=\"li_ui_li_gen_1440531233867_0-logo\" style=\"box-sizing: content-box !important; cursor: pointer !important; border-width: 0px 1px 0px 0px !important; border-right-style: solid !important; border-right-color: rgb(6, 96, 148) !important; text-indent: -9999em !important; overflow: hidden !important; padding: 0px !important; margin: 0px !important; position: absolute !important; left: 0px !important; top: 0px !important; display: block !important; width: 20px !important; height: 20px !important; float: right !important; border-radius: 2px !important; background-image: url(https:\/\/static.licdn.com\/scds\/common\/u\/images\/apps\/connect\/sprites\/sprite_connect_v14.png) !important; background-color: rgb(0, 119, 181) !important; background-size: initial !important; background-position: 0px -593px !important; background-repeat: no-repeat !important;\">in<\/span><span id=\"li_ui_li_gen_1440531233867_0-title\" style=\"box-sizing: content-box !important; color: rgb(255, 255, 255) !important; cursor: pointer !important; display: block !important; white-space: nowrap !important; float: left !important; margin-left: 1px !important; vertical-align: top !important; overflow: hidden !important; height: 18px !important; padding: 0px 4px 0px 23px !important; border: 1px solid rgb(0, 119, 181) !important; text-shadow: rgb(0, 88, 135) 0px -1px !important; line-height: 20px !important; border-radius: 2px !important; background-image: -webkit-linear-gradient(top, rgb(0, 119, 181) 0%, rgb(0, 119, 181) 100%) !important; background-color: rgb(0, 119, 181) !important;\"><span id=\"li_ui_li_gen_1440531233867_0-title-text\" style=\"box-sizing: content-box !important; font-size: 11px !important; font-family: Arial, sans-serif !important; font-weight: bold !important; -webkit-font-smoothing: antialiased !important; display: inline-block !important; vertical-align: top !important; height: 18px !important; float: none !important; background: none transparent !important;\">Compartir<\/span><\/span><\/a><\/span><\/span><\/span>\n\t\t<\/div>\n<\/p><\/div>\n<div class=\"autor-nota\" style=\"width: 100px; float: left; padding: 7px; margin: 0px 15px 15px 116px; font-stretch: normal; font-size: 14px; line-height: 16px; font-family: 'Droid Sans', arial, sans-serif; border-radius: 2px; text-align: center; color: rgb(0, 0, 0); background: rgb(234, 235, 237);\">\n\t\t<img decoding=\"async\" alt=\"autor\" src=\"http:\/\/fortunaweb.com.ar\/wp-content\/uploads\/2014\/04\/miguel-boggiano.jpg\" style=\"width: 100px; height: auto;\" \/>Escribe<br \/>\n\t\t<a href=\"http:\/\/fortunaweb.com.ar\/author\/miguel-angel-boggiano\/\" rel=\"author\" style=\"color: rgb(0, 106, 156); text-decoration: none;\">Miguel Angel Boggiano<\/a>\n\t<\/div>\n<p class=\"primero\" style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tTodos sabemos&nbsp;que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. Pero, &iquest;cu&aacute;nto se fortaleci&oacute; contra cada pa&iacute;s? Veamos el siguiente gr&aacute;fico:\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"Dolar_Ultimos_12 meses\" class=\"lazy aligncenter wp-image-12748 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Dolar_Ultimos_12-meses.png?resize=474%2C344\" data-lazy-type=\"image\" height=\"344\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Dolar_Ultimos_12-meses.png?resize=474%2C344\" style=\"display: inline;\" width=\"474\" \/>\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tEn funci&oacute;n de estos datos&nbsp;podemos decir dos cosas:\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t1. El peso argentino (al tipo de cambio oficial) es la cuarta moneda que menos terreno perdi&oacute; en el mundo frente al d&oacute;lar, luego del yu&aacute;n, la libra y el franco suizo. No s&oacute;lo eso,&nbsp;la inflaci&oacute;n en China es del 1,6%, en el Reino Unido es del 0% y en Suiza es del -1,3%. Si tenemos en cuenta que en Argentina la inflaci&oacute;n del &uacute;ltimo a&ntilde;o&nbsp;se aproxima al 30%, observamos&nbsp;que en t&eacute;rminos reales, Argentina se encareci&oacute; contra pr&aacute;cticamente todos los pa&iacute;ses del mundo. A esto nos referimos los economistas cuando hablamos de &ldquo;Tipo de Cambio Atrasado&rdquo;.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t2. China es el pa&iacute;s cuya moneda menos se desvaloriz&oacute; contra el d&oacute;lar en el &uacute;ltimo a&ntilde;o. Si miramos la evoluci&oacute;n del yuan en los &uacute;ltimos 5 a&ntilde;os, nos encontraremos con que es la moneda que m&aacute;s se ha fortalecido en el mundo. Esta valorizaci&oacute;n de&nbsp;la moneda&nbsp;comienza&nbsp;a ser un problema grave para China. Ahora bien, observemos&nbsp;la evoluci&oacute;n del yu&aacute;n y de sus pares asi&aacute;ticos contra el d&oacute;lar en los &uacute;ltimos 5 a&ntilde;os:\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"China_Yuan_vs_Peers\" class=\"lazy aligncenter size-full wp-image-12749 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_vs_Peers.jpg?resize=474%2C276\" data-lazy-type=\"image\" height=\"276\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_vs_Peers.jpg?resize=474%2C276\" style=\"display: inline;\" width=\"474\" \/>\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t&iquest;Qu&eacute; podemos concluir de esto? Que el gigante asi&aacute;tico&nbsp;se est&aacute; volviendo caro frente a los Estados Unidos. Adem&aacute;s, los salarios en China vienen creciendo r&aacute;pidamente, por lo que su problema de competitividad se agrava a&uacute;n m&aacute;s:\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"China_Yuan_Wages\" class=\"lazy aligncenter size-full wp-image-12750 data-lazy-ready\" data-lazy-src=\"http:\/\/i2.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_Wages.jpg?resize=474%2C212\" data-lazy-type=\"image\" height=\"212\" src=\"http:\/\/i2.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/China_Yuan_Wages.jpg?resize=474%2C212\" style=\"display: inline;\" width=\"474\" \/>\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tHace una d&eacute;cada&nbsp;se necesitaban 8,25 yuanes para comprar un d&oacute;lar; hoy s&oacute;lo se necesitan 6,40. En dicho&nbsp;per&iacute;odo, el salario promedio se multiplic&oacute; por 4. En consecuencia, si China pretende seguir siendo la f&aacute;brica del mundo, va a necesitar ser a&uacute;n m&aacute;s competitiva. &iquest;Qu&eacute; consecuencias trae&nbsp;una devaluaci&oacute;n de China y qu&eacute; implica esto para&nbsp;Argentina y Brasil?\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tChina es el principal socio comercial de Brasil y recibe el 20% de sus exportaciones. A su vez, es el segundo socio comercial de Argentina representando el 7% de nuestras exportaciones. Teniendo&nbsp;en cuenta que Brasil es el mayor&nbsp;socio comercial de Argentina, si la devaluaci&oacute;n del yuan&nbsp;es mala para Brasil, tambi&eacute;n lo es para Argentina.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t&iquest;Qu&eacute; bienes exporta Brasil a China? Del total, el&nbsp;40% es soja y otro 40% es mineral de hierro. &iquest;Qu&eacute; exporta Argentina a China? Alrededor del&nbsp;60% est&aacute; relacionado al complejo sojero. Entonces veamos, &iquest;Qu&eacute; sucedi&oacute; recientemente con la soja cuando se efectiviz&oacute; la&nbsp;devaluaci&oacute;n china?\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"Soybeans_Intraday\" class=\"lazy aligncenter wp-image-12751 data-lazy-ready\" data-lazy-src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Soybeans_Intraday.png?resize=474%2C171\" data-lazy-type=\"image\" height=\"171\" src=\"http:\/\/i1.wp.com\/wp.cartafinanciera.com\/wp-content\/uploads\/2015\/08\/Soybeans_Intraday.png?resize=474%2C171\" style=\"display: inline;\" width=\"474\" \/>\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tEl precio de la soja Chicago cay&oacute; de US$ 10,10 a US$ 9,25 por bushel (de US$ 460 a US$ 425 por tonelada m&eacute;trica). Esta importante ca&iacute;da del 7% es una muy mala noticia tanto para Brasil como para&nbsp;Argentina.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tConclusiones:\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tLuego de la impresionante revalorizaci&oacute;n del yu&aacute;n en los &uacute;ltimos 10 a&ntilde;os, China a&uacute;n tiene mucho espacio para devaluar. &iquest;Por qu&eacute; debe hacerlo? Porque est&aacute; perdiendo competitividad a gran&nbsp;velocidad y ello afecta su nivel de crecimiento, que aunque hoy se encuentra en 6,5%, ha mostrado una desaceleraci&oacute;n sin pausa&nbsp;durante la &uacute;ltima d&eacute;cada.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tNo es s&oacute;lo el descontrol en la emisi&oacute;n de pesos lo que pone presi&oacute;n sobre el d&oacute;lar en Argentina. Esta vez, las presiones que vienen desde afuera tambi&eacute;n empujan hacia una devaluaci&oacute;n absolutamente inevitable.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tSi quisi&eacute;ramos retroceder en el tiempo y ver&nbsp;la foto de Argentina y Brasil de hace 12 meses, tenemos que analizar que:<br \/>\n\t\t1. El peso se depreci&oacute; un 10% frente al d&oacute;lar, mientras que el real lo hizo en&nbsp;un 35%.<br \/>\n\t\t2. La inflaci&oacute;n en Brasil fue del 9% en los &uacute;ltimos 12 meses, mientras que en la Argentina fue del 30%.\n\t<\/p>\n<p style=\"margin: 0px 0px 16px 116px; padding: 0px; font-stretch: normal; font-size: 18px; line-height: 26px; font-family: 'Droid Sans', arial, sans-serif; color: rgb(0, 0, 0); text-align: justify;\">\n\t\tNecesitar&iacute;amos un d&oacute;lar oficial en $20 s&oacute;lamente para encontrarnos&nbsp;en exactamente el mismo lugar que hace un a&ntilde;o&nbsp;con Brasil. Y hacia all&iacute; vamos. El d&oacute;lar en Argentina sigue barato y tiene mucho espacio para subir.\n\t<\/p>\n<div>\n\t\t&nbsp;\n\t<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>China, Brasil y el camino del d&oacute;lar a $20 en Argentina Todos sabemos que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. Pero, &iquest;cu&aacute;nto se fortaleci&oacute; contra cada pa&iacute;s? 0 inCompartir Escribe Miguel Angel Boggiano Todos sabemos&nbsp;que el d&oacute;lar se apreci&oacute; en los &uacute;ltimos 12 meses en todo el mundo. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-976","post","type-post","status-publish","format-standard","hentry","category-informes-economicos"],"_links":{"self":[{"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/posts\/976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=976"}],"version-history":[{"count":1,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/posts\/976\/revisions"}],"predecessor-version":[{"id":977,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=\/wp\/v2\/posts\/976\/revisions\/977"}],"wp:attachment":[{"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=976"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/estudiofittipaldi.com\/html\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}