Menescaldi from Eco Go: “The stocks are a time bomb, people can die because you didn’t give them medicine”

2023-11-13 18:00:35

After yesterday’s debate between the two candidates who aspire to the presidency from December 10las economic proposals They remained in the background and They were conspicuous by their absence.

In this context, the team Channel E communicated with Sebastian MenescaldiEco Go economist, who spoke regarding the country’s economic situation.

Economic conference following debate

“In yesterday’s debate it was Sergio Massa and we have to see what impact he has on the elections,” said Menescaldi, who then completed: “The bet on the peso is a little safer being 6 days away from the election.”

Regarding the exchange rate delay, the economist said: “The current team does not want to loosen the exchange rate and make a correction next year. If the winner is Milei, exchange rate unification will come as quickly as possible.”

“There are very few tools to dismantle the current panorama compared to 2015,” explained the interviewee. “Many payments have to be rescheduled, it is difficult to solve the problem in the short term”he added.

Then, the economist talked regarding the inflation numbers: “Our estimate is 9.4% for October but November is going to be above double digits once more.”

Finally, Menescaldi said there may be a more violent price adjustment if Massa loses. “The trap is a time bombit can explode on you any day. People can die because you didn’t give them medicine. or because something might not be imported, “This is unsustainable for four more years,” complement.

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