“Give me two, give me four.” The phrase, in the countries of the Southern Cone, is at this point almost a slogan of devaluation or exchange rate delay, it depends on which side of the border one is located. Argentina lived it in several stages. It arose back in the 70s, when, through a small exchange rate table, the Argentines swept stores in the south of Brazil or Miami. Our neighbors also had to cross over on this side, especially in times of furious devaluation in the country. We are seeing it now again. But now it goes far beyond household appliances, clothing or perfumes. In border cities now they say “give me 5 kilos”, “give me a whole box” of packaged food or hygiene products, in addition, of course, to fill the tank of the car.
The paradox arises that it is not only the devaluation of the Argentine peso, but also the foreign exchange delay that these countries are experiencing hand in hand with the large investments that they are receiving and that of course do not reach Argentina.
The volume that these flows have today led to the Mediterranean Foundation to talk about “the province 25″, because of the flow of income and taxes that these sales generate here, as if they were part of a new Argentine district. Will balance ever come?