var jscVersion = 'r20210621';var google_casm=[];body {margin: 0;padding: 0;}#ad_iframe {border: 0px;vertical-align: bottom;width: 120px;height: 600px;position: absolute;left: 50%;margin-left: -60px;top: 50%;margin-top: -300px;}var doc = document.getElementById('ad_iframe').contentWindow.document;doc.open('text/html', 'replace');doc.write('\x3c!doctype html\x3e\x3chtml\x3e\x3chead\x3e\x3cscript\x3evar jscVersion \x3d \x27r20210621\x27;\x3c/script\x3e\x3cscript\x3evar google_casm\x3d[];\x3c/script\x3e\x3c/head\x3e\x3cbody leftMargin\x3d\x220\x22 topMargin\x3d\x220\x22 marginwidth\x3d\x220\x22 marginheight\x3d\x220\x22\x3e\x3cscript\x3ewindow.dicnf \x3d {};\x3c/script\x3e\x3cscript data-jc\x3d\x2242\x22 data-jc-version\x3d\x22r20210621\x22 data-jc-flags\x3d\x22[\x26quot;x%278446\x26#39;9efotm(\x26amp;20067;\x26gt;8\x26amp;\x26gt;`dopb~\x26quot;]\x22\x3e(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ \x27use strict\x27;class k{constructor(){this.key\x3d\x2245350890\x22}}var l\x3dclass extends k{constructor(){super();this.defaultValue\x3d!1}};var p\x3dnew l;(class{constructor(a,c){this.g\x3dc\x3d\x3d\x3dq?a:\x22\x22}}).prototype.toString\x3dfunction(){return this.g.toString()};var q\x3d{};let r\x3d0;function t(a\x3dnull){var c\x3dr;return a\x26\x26a.getAttribute(\x22data-jc\x22)\x3d\x3d\x3dString(c)?a:document.querySelector(`[${\x22data-jc\x22}\x3d\x22${c}\x22]`)};function u(){v||(v\x3dnew w);const a\x3dv.g[p.key];if(p instanceof l)return\x22boolean\x22\x3d\x3d\x3dtypeof a?a:p.defaultValue;throw Error();}var x\x3dclass{constructor(){this.g\x3d{}}};var w\x3dclass extends x{constructor(){super();var a\x3dt(document.currentScript);a\x3da\x26\x26a.getAttribute(\x22data-jc-flags\x22)||\x22\x22;try{const c\x3dJSON.parse(a)[0];a\x3d\x22\x22;for(let b\x3d0;b\x3cc.length;b++)a+\x3dString.fromCharCode(c.charCodeAt(b)^\x22\\u0003\\u0007\\u0003\\u0007\\b\\u0004\\u0004\\u0006\\u0005\\u0003\x22.charCodeAt(b%10));this.g\x3dJSON.parse(a)}catch(c){}}},v;var y\x3d{},z\x3dnull; function A(a,c){void 0\x3d\x3d\x3dc\x26\x26(c\x3d0);if(!z){z\x3d{};for(var b\x3d\x22ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789\x22.split(\x22\x22),d\x3d[\x22+/\x3d\x22,\x22+/\x22,\x22-_\x3d\x22,\x22-_.\x22,\x22-_\x22],g\x3d0;5\x3eg;g++){var e\x3db.concat(d[g].split(\x22\x22));y[g]\x3de;for(var f\x3d0;f\x3ce.length;f++){var h\x3de[f];void 0\x3d\x3d\x3dz[h]\x26\x26(z[h]\x3df)}}}c\x3dy[c];b\x3dArray(Math.floor(a.length/3));d\x3dc[64]||\x22\x22;for(g\x3de\x3d0;e\x3ca.length-2;e+\x3d3){var m\x3da[e],n\x3da[e+1];h\x3da[e+2];f\x3dc[m\x3e\x3e2];m\x3dc[(m\x263)\x3c\x3c4|n\x3e\x3e4];n\x3dc[(n\x2615)\x3c\x3c2|h\x3e\x3e6];h\x3dc[h\x2663];b[g++]\x3df+m+n+h}f\x3d0;h\x3dd;switch(a.length-e){case 2:f\x3da[e+ 1],h\x3dc[(f\x2615)\x3c\x3c2]||d;case 1:a\x3da[e],b[g]\x3dc[a\x3e\x3e2]+c[(a\x263)\x3c\x3c4|f\x3e\x3e4]+h+d}return b.join(\x22\x22)};var B\x3d\x22function\x22\x3d\x3d\x3dtypeof Uint8Array;const C\x3dSymbol(\x22IS_REPEATED_FIELD\x22);function D(a){Array.isArray(a)\x26\x26!Object.isFrozen(a)\x26\x26(a[C]\x3d!0);return a};function E(){}let F;const G\x3dObject.freeze(D([]));function H(a){let c\x3da.j+a.h;a.g[c]||(a.i\x3da.g[c]\x3d{})}function I(a,c,b){c\x3ca.j?a.g[c+a.h]\x3db:(H(a),a.i[c]\x3db);return a}function J(a){if(a.l)for(var c in a.l){var b\x3da.l[c];if(Array.isArray(b))for(var d\x3d0;d\x3cb.length;d++)b[d]\x26\x26J(b[d]);else b\x26\x26J(b)}return a.g}function K(a,c){switch(typeof c){case \x22number\x22:return isNaN(c)||Infinity\x3d\x3d\x3dc||-Infinity\x3d\x3d\x3dc?String(c):c;case \x22object\x22:if(B\x26\x26null!\x3dc\x26\x26c instanceof Uint8Array)return A(c)}return c}E.prototype.toString\x3dfunction(){return J(this).toString()};var M\x3dclass extends E{constructor(){super();var a\x3dvoid 0,c\x3dL;this.l\x3dnull;F\x26\x26(a||(a\x3dF),F\x3dnull);var b\x3dthis.constructor.m;a||(a\x3db?[b]:[]);this.h\x3db?0:-1;this.g\x3da;a:{if(a\x3dthis.g.length)if(--a,b\x3dthis.g[a],!(null\x3d\x3d\x3db||\x22object\x22!\x3dtypeof b||Array.isArray(b)||B\x26\x26b instanceof Uint8Array)){this.j\x3da-this.h;this.i\x3db;break a}this.j\x3dNumber.MAX_VALUE}if(c)for(a\x3d0;a\x3cc.length;a++)if(b\x3dc[a],b\x3cthis.j){b+\x3dthis.h;var d\x3dthis.g[b];d?D(d):this.g[b]\x3dG}else H(this),(d\x3dthis.i[b])?D(d):this.i[b]\x3dG}},L\x3d[6];const N\x3d\x22platform platformVersion architecture model uaFullVersion bitness\x22.split(\x22 \x22);var O\x3d()\x3d\x3e{var a\x3dwindow;return a.navigator\x26\x26a.navigator.userAgentData\x26\x26\x22function\x22\x3d\x3d\x3dtypeof a.navigator.userAgentData.getHighEntropyValues?a.navigator.userAgentData.getHighEntropyValues(N).then(c\x3d\x3e{var b\x3dnew M;b\x3dI(b,1,c.platform);b\x3dI(b,2,c.platformVersion);b\x3dI(b,3,c.architecture);b\x3dI(b,4,c.model);b\x3dI(b,5,c.uaFullVersion);return I(b,9,c.bitness)}):null};window.viewReq\x3d[];const P\x3da\x3d\x3e{const c\x3dnew Image;c.src\x3da.replace(\x22\x26amp;\x22,\x22\x26\x22);window.viewReq.push(c)},Q\x3da\x3d\x3e{fetch(a,{keepalive:!0,credentials:\x22include\x22,redirect:\x22follow\x22,method:\x22get\x22,mode:\x22no-cors\x22}).catch(()\x3d\x3e{P(a)})},R\x3da\x3d\x3e{window.fetch?Q(a):P(a)};r\x3d42; window.vu\x3da\x3d\x3e{if(u()){const c\x3dO();if(null!\x3dc){c.then(b\x3d\x3e{b\x3dJSON.stringify(b.g\x26\x26J(b),K);for(var d\x3d[],g\x3d0,e\x3d0;e\x3cb.length;e++){var f\x3db.charCodeAt(e);255\x3cf\x26\x26(d[g++]\x3df\x26255,f\x3e\x3e\x3d8);d[g++]\x3df}b\x3dA(d,3);0\x3cb.length\x26\x26(b\x3d\x22\x26uach\x3d\x22+b,a\x3d\x22\x26adurl\x3d\x22\x3d\x3da.substring(a.length-7)?a.substring(0,a.length-7)+b+\x22\x26adurl\x3d\x22:a+b);R(a)});return}}R(a)};}).call(this);\x3c/script\x3e\x3cscript\x3evu(\x22https://securepubads.g.doubleclick.net/pagead/adview?ai\\x3dCoK201HDUYLuVCaXn5OUPtcWE4A6GyuWeXISB4PbOAsCNtwEQASAAYKHYgoAoggEXY2EtcHViLTMxMDQ3OTAzODc3OTI0NjjIAQngAgCoAwGqBMcCT9C01Bxyx_hxuKwjE28ei8l0RKdW1oKSKBr20rdu79rKnDqaSsiw3yoVnscSLYyEea4H7UjvQBSjk0SXhcNR1EbLXQIKPIb_ditOO3iGsZYo8mDQFFfGcDlAuPm3BYVXsfWDAxr5EPY6_KAzprnhcFFNuKuQt3UIsMSqmlG3fQjeDaXudCB1dp5Qkr_FoxxVkSN9HKHWdCA59M6gD-ekT8mkBcLWaY9RcDgrXXARhKtcvAExV86WwN4YefKZRu-1d8V_8A_qkwlRO9v8zTdHIDkGlzV3iJIHsBAHtaQ9Tg9pHGs8KANh4_-VgHFX7KghTbvKy9wp0M5dpQXlzH3iPIQFTlaCR8QGDG91IgB3n6FnwoJztLxcI-aJKs2G_gB6dO8hgOex8BXahz327Pvhv-7AQ2lR_2nx5e1gQap-e9gCN-eU1fzB4AQBgAbE_eOww6ynn-8BoAYhiAcBkAcCqAemvhuoB_DZG6gH8tkbqAfs1RuoB5bYG6gHipyxAtgHANIIAhAC8ggbYWR4LXN1YnN5bi00MzM0NzczOTYyMjk1NDM2gAoD-gsCCAGADAHQFQGAFwGyFxgKFhIUcHViLTMxMDQ3OTAzODc3OTI0Njg\\x26sigh\\x3dqjz9g1bNu7M\\x26cid\\x3dCAMSeQClSFh30ZYde3XYwCCI1-RZ0kEbsU2m5Bk20RreCGPFShWfR_WW0W4vDx7_T0EYVWYYUPdQQwmbQJkLr5UMbwpmG4uCp3HUeJvsiSQPlLjiezx7Mk3TADK1AeUQjOe06UIq2aKXso8fVvFjdkxK3fGmGa1hgLOpJXg\\x26tpd\\x3dAGWhJmumdDeQZKWzYwv57f1m3Y2l4pqCOloOc24yKNeih99BQWEQf8HwntIHf6-rvPZIbhKLgZvZSF5pY4dhMVQ88Wew7h41i_5lvCfMDABYlD2D-kuqFStRbdMKxDxP8eSN2OMLnS0vo35MalM4Av6PV1vlNFJt5qXHQrirZCnfc8QaYArPWoQqUE5bhk3L9lZRYODLmRCUwA41MYC_I3VU26r55PEB4z2McZEXBlX6_8SC2GClDu6sMfKLLg7GzeHybvnoDNtj23J3ILQkaBHQv0anpRrgTkC2_L02A05h--vGcAA90YSTIAmR6xMNCsBu57iuzAyf-7oAnJvrn4HZm6G7gSBYRbGY-g4Ag975MNVP2KEeyWAiTxzZ-ghJnklFTIGK-r-EEuGtFekFGPjbgv4IuP9zbssWmKXV7GDA2i8RKHx0LxxnvzPExWs5SM-_vBNx9zFDpvSiIezj4N-YQki_ww-KAX-MrDcOpZn-s5Dk37gN4XyJ3k0odlRJugsHU-egUszsbLa0si-zyI3319qRgc8WJefYPAJcNwzCtmO92FCB4MPsFOWnWRButgx9-TigtJNR39AylPKXvQGm-VyCRNCJo4d9-6oJcujFC9Z-K18Istm-vQxpNm1THOO1s26BRDhpYW9t8tjJ3h_wG8e-VenpUkHX0Ko9VMZkSjzX9L3QU68Ef9HTB6NUABD_leshGk6f2D71mz_M9z-GgUetPD0akU3pl-jr3h_21vaqmeut5MrD1-AzxMYOqKuETzPL3mwbhb5lhjCwTL_mBVzLhK7nqmus4uz_sYeXMdU8ud_YN2cD7vO7F9Y36w5TFOvnPrtOIBqQNnHwndlyCjVdSHjpNkV-bIp6y6st4lsYMXeqhPVj0mkakbFOV87jlYilgiYBYSuQo8DjTGU9gM7G6vVLrWigtfGTkNZkB757OJW8l1au4oFQvyCBgg-An8VauEKipBDze4lGhNjFQKmJ6kp1BTtrqu58K-CMXvqmN4hZmiBB-iAHTYAvr6iLf4Yp5_7WV3Ulle44jLfYx2HwE7vu4b7zd2TfbR8gogrCP50kfrzsarbrlIvgiyTLx8QmTXti1xK_BTTD--tX3xrtfe_qm3iaeQSbSCGHTkzGMs9W3J6s29CUMTZzvSDoluvWdnm5_mw-2xMRpD0nOFs53eyc2vwV44cxnXXU9qSSugoiQRBUzu9gPtNkJCjjQsLCf5oSHac8B3MQc7ggVVXOx6sxOvN3ssqyJZDxZTBabDyeKb3N-O9FwQKoX45FH2UlEXkdg0ezuuKhVLvuDyfSsQJskGMNDV9ZxH61KwDcj9i0ZLH__fm7t9vxkkxP-Gk45JxpByB4AHr344N1JP1pLnQGgbSYYOJCMLapDCMdvxi3cqBNKxHEE0eEaMnHqeP9qE_ON98lcBp4PxjBu5gwS3dOQqIylv8G8GU5pmeXAZcn92P5CkQb9PrraABaY0QHESOJBFOv6ueWf30mV65G8z21EKfGh49UQTa8oqo5N2nrLglnIbbF38w8C5ezn0pWZru_RMMaWS9LpKB3DLTiHc32-m5dQSHkGWMjFOvQxKvo__8xeg8OWCVLALF2EWVKT9KhCWZB0xoMoQrybJoFfXxdmQ8Y_KvS8ghSO8MxkjyIY2L1FAGfViKe6_RLOxAlYvtVWoJ14hQXjlmUtbfkoFY72xLz7z4dh-w\x22)\x3c/script\x3e\x3cdiv class\x3d\x22GoogleActiveViewInnerContainer\x22style\x3d\x22left:0px;top:0px;width:100%;height:100%;position:fixed;pointer-events:none;z-index:-9999;\x22\x3e\x3c/div\x3e\x3cdiv style\x3d\x22display:inline\x22class\x3d\x22GoogleActiveViewElement\x22data-google-av-cxn\x3d\x22https://pagead2.googlesyndication.com/pcs/activeview?xai\x3dAKAOjssdZJmyapkCNhz9E5WzLLdHYJjTEZDOJ-jPXui75jJRR9ltwZv85eqYnJZvU1lgQNgefoMjN90Oj6wiCn7zKINGR7RjsUWhCA\x26amp;sig\x3dCg0ArKJSzPrmMKGkP6P-EAE\x22data-google-av-adk\x3d\x223451137950\x22data-google-av-metadata\x3d\x22la\x3d0\x26amp;xdi\x3d0\x26amp;\x22data-google-av-override\x3d\x22-1\x22data-google-av-dm\x3d\x222\x22data-google-av-immediate data-google-av-aid\x3d\x220\x22data-google-av-naid\x3d\x221\x22data-google-av-slift\x3d\x22\x22data-google-av-cpmav\x3d\x22\x22data-google-av-btr\x3d\x22\x22data-google-av-itpl\x3d\x2220\x22data-google-av-rs\x3d\x224\x22data-google-av-flags\x3d\x22[\x26quot;x%278440\x26#39;9efotm(\x26amp;753374%2bejvf/%27844\x26gt;\x26#39;9wuvb$\x26amp;56533\x26gt;!\x3d|vqc)!273794\x26amp;\x26lt;qqvb/%\x26lt;1735020!\x3dnehu`/!364\x3d5051!9abk{a($160210:3\x26amp;\x26lt;cbotf+*0150034:%2bejvf/%72;17613!\x3defdwa{\x26quot;]\x22\x3e\x3cDIV STYLE\x3d\x22position: absolute; left: 0px; top: 0px; visibility: hidden;\x22\x3e\x3cIMG SRC\x3d\x22https://pagead2.googlesyndication.com/pagead/gen_204?id\x3dxbid\x26dbm_b\x3dAKAmf-AEXBkBmbtxGhsS8P4GghCWeeARcNcMtAj5yiKOfLK4nyKfebEgbG2qH-ieTZ1YrptOsUZ6hR7Evj3nbvGw-2jtO_M6f86q1qGYtJEwfW2acoMeiXg\x22 BORDER\x3d0 WIDTH\x3d1 HEIGHT\x3d1 ALT\x3d\x22\x22 STYLE\x3d\x22display:none\x22\x3e\x3c/DIV\x3e\x3ciframe title\x3d\x22Blank\x22 src\x3d\x22https://googleads.g.doubleclick.net/xbbe/pixel?d\x3dCLDJPBDIg8HzARjP96WaATAB\x26v\x3dAPEucNWddnalnzgCP9okKXjhua4S3-17FqfW53KONdiniIxpOD32B_6ez_am7lqVcovgJoNcwGGBhHRWqyDRQsC-tZI3qNddZk9auY17JLFfDAbDnVqwwU8\x22 style\x3d\x22display:none\x22 aria-hidden\x3d\x22true\x22\x3e\x3c/iframe\x3e\x3cdiv\x3e\x3cdiv style\x3d\x22position:relative; display:inline-block;\x22\x3e\x3cscript data-jc\x3d\x2275\x22 data-jc-version\x3d\x22r20210621\x22 data-jc-flags\x3d\x22[\x26quot;x%278442\x26#39;921378y\x26quot;]\x22\x3e(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ var k\x3d\x22function\x22\x3d\x3dtypeof Object.create?Object.create:function(a){function b(){}b.prototype\x3da;return new b},l;if(\x22function\x22\x3d\x3dtypeof Object.setPrototypeOf)l\x3dObject.setPrototypeOf;else{var m;a:{var n\x3d{a:!0},p\x3d{};try{p.__proto__\x3dn;m\x3dp.a;break a}catch(a){}m\x3d!1}l\x3dm?function(a,b){a.__proto__\x3db;if(a.__proto__!\x3d\x3db)throw new TypeError(a+\x22 is not extensible\x22);return a}:null}var q\x3dl; function r(a,b){a.prototype\x3dk(b.prototype);a.prototype.constructor\x3da;if(q)q(a,b);else for(var c in b)if(\x22prototype\x22!\x3dc)if(Object.defineProperties){var d\x3dObject.getOwnPropertyDescriptor(b,c);d\x26\x26Object.defineProperty(a,c,d)}else a[c]\x3db[c];a.l\x3db.prototype}var t\x3dthis||self;function u(a){this.key\x3da}function v(a,b){this.key\x3da;this.defaultValue\x3dvoid 0\x3d\x3d\x3db?0:b}r(v,u);var x\x3dnew v(\x22100004\x22,16E3);var y\x3dArray.prototype.forEach?function(a,b){Array.prototype.forEach.call(a,b,void 0)}:function(a,b){for(var c\x3da.length,d\x3d\x22string\x22\x3d\x3d\x3dtypeof a?a.split(\x22\x22):a,e\x3d0;e\x3cc;e++)e in d\x26\x26b.call(void 0,d[e],e,a)},z\x3dArray.prototype.map?function(a,b){return Array.prototype.map.call(a,b,void 0)}:function(a,b){for(var c\x3da.length,d\x3dArray(c),e\x3d\x22string\x22\x3d\x3d\x3dtypeof a?a.split(\x22\x22):a,f\x3d0;f\x3cc;f++)f in e\x26\x26(d[f]\x3db.call(void 0,e[f],f,a));return d},A\x3dArray.prototype.reduce?function(a,b,c){return Array.prototype.reduce.call(a,b, c)}:function(a,b,c){var d\x3dc;y(a,function(e,f){d\x3db.call(void 0,d,e,f,a)});return d};function B(a){for(var b\x3d[],c\x3d0;c\x3ca;c++)b[c]\x3d\x22\x22;return b};function C(a){C[\x22 \x22](a);return a}C[\x22 \x22]\x3dfunction(){};function D(a,b){if(a)for(var c in a)Object.prototype.hasOwnProperty.call(a,c)\x26\x26b.call(void 0,a[c],c,a)}var E\x3d/https?:\\/\\/[^\\/]+/;function F(a){return(a\x3dE.exec(a))\x26\x26a[0]||\x22\x22};var G\x3d0;function H(a){var b\x3ddocument.currentScript;return(b\x3dvoid 0\x3d\x3d\x3db?null:b)\x26\x26b.getAttribute(\x22data-jc\x22)\x3d\x3d\x3dString(a)?b:document.querySelector(\x27[data-jc\x3d\x22\x27+a+\x27\x22]\x27)};function I(){this.g\x3d{}}function J(){K||(K\x3dnew L);var a\x3dK.g[x.key];if(x instanceof v)return\x22number\x22\x3d\x3d\x3dtypeof a?a:x.defaultValue;throw Error();};function L(){this.g\x3d{};var a\x3dH(G);a\x3da\x26\x26a.getAttribute(\x22data-jc-flags\x22)||\x22\x22;try{var b\x3dJSON.parse(a)[0];a\x3d\x22\x22;for(var c\x3d0;c\x3cb.length;c++)a+\x3dString.fromCharCode(b.charCodeAt(c)^\x22\\u0003\\u0007\\u0003\\u0007\\b\\u0004\\u0004\\u0006\\u0005\\u0003\x22.charCodeAt(c%10));this.g\x3dJSON.parse(a)}catch(d){}}var K;r(L,I);var M\x3d/^https?:\\/\\/(\\w|-)+\\.cdn\\.ampproject\\.(net|org)(\\?|\\/|$)/;function N(a){a\x3da||O();for(var b\x3dnew P(t.location.href,!1),c\x3dnull,d\x3da.length-1,e\x3dd;0\x3c\x3de;--e){var f\x3da[e];!c\x26\x26M.test(f.url)\x26\x26(c\x3df);if(f.url\x26\x26!f.h){b\x3df;break}}e\x3dnull;f\x3da.length\x26\x26a[d].url;0!\x3db.depth\x26\x26f\x26\x26(e\x3da[d]);return new Q(b,e,c)} function O(){var a\x3dt,b\x3d[],c\x3dnull;do{var d\x3da;try{var e;if(e\x3d!!d\x26\x26null!\x3dd.location.href)b:{try{C(d.foo);e\x3d!0;break b}catch(h){}e\x3d!1}var f\x3de}catch(h){f\x3d!1}if(f){var g\x3dd.location.href;c\x3dd.document\x26\x26d.document.referrer||null}else g\x3dc,c\x3dnull;b.push(new P(g||\x22\x22));try{a\x3dd.parent}catch(h){a\x3dnull}}while(a\x26\x26d!\x3da);d\x3d0;for(a\x3db.length-1;d\x3c\x3da;++d)b[d].depth\x3da-d;d\x3dt;if(d.location\x26\x26d.location.ancestorOrigins\x26\x26d.location.ancestorOrigins.length\x3d\x3db.length-1)for(a\x3d1;a\x3cb.length;++a)g\x3db[a],g.url||(g.url\x3dd.location.ancestorOrigins[a- 1]||\x22\x22,g.h\x3d!0);return b}function Q(a,b,c){this.i\x3da;this.j\x3db;this.g\x3dc}function P(a,b){this.url\x3da;this.h\x3d!!b;this.depth\x3dnull};function R(a,b,c,d,e){var f\x3d[];D(a,function(g,h){(g\x3dS(g,b,c,d,e))\x26\x26f.push(h+\x22\x3d\x22+g)});return f.join(b)}function S(a,b,c,d,e){if(null\x3d\x3da)return\x22\x22;b\x3db||\x22\x26\x22;c\x3dc||\x22,$\x22;\x22string\x22\x3d\x3dtypeof c\x26\x26(c\x3dc.split(\x22\x22));if(a instanceof Array){if(d\x3dd||0,d\x3cc.length){for(var f\x3d[],g\x3d0;g\x3ca.length;g++)f.push(S(a[g],b,c,d+1,e));return f.join(c[d])}}else if(\x22object\x22\x3d\x3dtypeof a)return e\x3de||0,2\x3ee?encodeURIComponent(R(a,b,c,d,e+1)):\x22...\x22;return encodeURIComponent(String(a))};function T(a,b){this.g\x3da;this.depth\x3db}function U(){function a(h,w){return null\x3d\x3dh?w:h}var b\x3dO(),c\x3dMath.max(b.length-1,0),d\x3dN(b);b\x3dd.i;var e\x3dd.j,f\x3dd.g,g\x3d[];f\x26\x26g.push(new T([f.url,f.h?2:0],a(f.depth,1)));e\x26\x26e!\x3df\x26\x26g.push(new T([e.url,2],0));b.url\x26\x26b!\x3df\x26\x26g.push(new T([b.url,0],a(b.depth,c)));d\x3dz(g,function(h,w){return g.slice(0,g.length-w)});!b.url||(f||e)\x26\x26b!\x3df||(e\x3dF(b.url))\x26\x26d.push([new T([e,1],a(b.depth,c))]);d.push([]);return z(d,function(h){return V(c,h)})} function V(a,b){var c\x3dA(b,function(e,f){return Math.max(e,f.depth)},-1),d\x3dB(c+2);d[0]\x3da;y(b,function(e){return d[e.depth+1]\x3de.g});return d}function W(){var a\x3dU();return z(a,function(b){return S(b)})};G\x3d75; window.rfl\x3dfunction(a){try{var b\x3dNumber(0\x3d\x3d\x3d(J()||0)?2083:J()),c\x3dW();c.pop();var d\x3db-a.length-5;for(b\x3d0;b\x3cc.length;b++){var e\x3dencodeURIComponent(c[b]);if(e.length\x3c\x3dd)return setTimeout(function(){var f\x3dvoid 0\x3d\x3d\x3df?.01:f;if(!(Math.random()\x3ef)){var g\x3dH(75);f\x3d\x22https://pagead2.googlesyndication.com/pagead/gen_204?id\x3djca\x26jc\x3d75\x26version\x3d\x22+(g\x26\x26g.getAttribute(\x22data-jc-version\x22)||\x22unknown\x22)+\x22\x26sample\x3d\x22+f;g\x3dwindow;var h;if(h\x3dg.navigator)h\x3dg.navigator.userAgent,h\x3d/Chrome/.test(h)\x26\x26!/Edge/.test(h)?!0:!1;h\x26\x26g.navigator.sendBeacon? g.navigator.sendBeacon(f):(g.google_image_requests||(g.google_image_requests\x3d[]),h\x3dg.document.createElement(\x22img\x22),h.src\x3df,g.google_image_requests.push(h))}},0),a+\x22\x26rfl\x3d\x22+e}return a}catch(f){}return a};}).call(this);\x3c/script\x3e\x3cscript\x3evar url \x3d \x27https://googleads.g.doubleclick.net/dbm/ad?dbm_c\x3dAKAmf-BShZtpmOLyr4lGyKEB2eOcH3EEFZ6bkaV6Raz7J5sYH5n0iGspFdcqsUUwVjd6n11RUaSKmPCIMK8jKqLE7S3aGO9S81g4LAZvn30OYSOPTBVOPeJezel_eCRKGyHWFK2jErZ5XjId1p5dxMrFUwyJ5joqMg\x26dbm_d\x3dAKAmf-DwPjK5eWlFbRadcy6uhrQP6VyPdmXlj8xoViB34ZWBUsp2B3__sNyM69KwKW_NvuXyy2kMzYFzTVRYGjWet7lED-p-5LkQznyJL7Jl_wMggZLQU8TXvYK4OcgnwK-ywG9vNZOUxuM1yuMKpwNJp3eLOhq0OAqz7BabkZph0WO4mlzYeQ6t3KVLbbxTR7pQof9oB3jAQtafsvwQB7o9ZjzrYlN0qIzvF_3haldOsO6XF-2JW3YPvM8ZYOBz_WrBHxVD2kUMwXUqCMR8qSXvtANtZi4LPww4EQO-APk8EXdlcBc_05CulbF_vN4A74ZJJ8pojNEys0wmzS_eSp-qqtMWcOXuE69gspsCIHsJp8hFXpPuAq0p3U1cV4fTzh2kpsUfOnnNUMLQCC_a05eGaSAZsxzlUEPWnyqmObUUOX0BoWJir6Wxt7YOhA6_-sA1ZM-daiIAyzp9mB3SMi7saFPmwsu_0xObKXg6mTSEo4_RMxYNHL0qkRk5HTXZaVQ-cWDWh9HcJ5QTD1aFf-TrNEaZXTR30KXUBamtZ_Ztz7nJSjqKCg2r9raMCM-Oc51Taz6G_x2fWsuAY-wOluW8jB_Ne99m1ip7-AkszBefKdxbIh-LBtsMB0GouzVz6g44NxUEf-UTypq8jrkQa5vLCg_2uzhohCVm_hPONmUjuV-UBLE-ApGvmSxmlvEL5gQFJAIcZPsGJg9QQryYt0Hugw7hiwoL1IgRsBHUNBj_jZglQmI00yq8klFMK6N0zlhL3QwsPQxhqvFBVOQk2X-TYNKZUbqGQ3lI-PQT2RD5AOGzT6UU3osrg1R8Azg6QZ3ejXwNut-nXsT6jPXIvl4gnQfWxP9Ys524NiRT4Eam4qudZI4SmM4xSjGuts2jFPtQcLh9ABvyAPJ-ZnGqyBE2brULeNC8INAXqebKh_grZ4svu2kQL4Y2lX0mmUtyqJ_VFBumlniIXXRVD-yoJi1XHGczUWI6Jnzllp1_C3QlGWC6kfS1hpnqNOefyABcaC4AG2izqqC4cnMhHxba91-BzS6WnZarA3Nz4t4BKkRES6kJVtUzrFVWi-ega-WHgy_xvq5pocvriSdwPtJdl5YfQoMbh4Ze5IxSoTev2QAAMv5jTPOuoH1NbWRtv2OvSpto40MQDY2D_e7DEdR8pn_q41vgylGwQFeI0HIEE0yem5RtwNTjJY-gHiKWUe2SwcF-SwRO9Am1DAInQ4HoQR53r2kLSlEYilKnDWPQPjB0pqY2CBDpE4ctRpLgZ8WAaFnlB06EaKGx4b99JbRj7TZpc2BqCCdhvaThMpMXi1PRZ-oxVPRpQM-yoJqPd684w80SIlepI3EIxkSiNWRaL46J-qO7kOUqIUHhhk46MjOwG4MZWt6jMc_nupyER8ZxLi4vzRbc4HGplQunT-DS6IY6-9F_RtrQserFI2ceZuVLQ2_lslMZdFD7IpwQ7TfCdwV0CwtoNCzTOu_AHrhxhaQ6Z17LoOVLaE0l1WCaaxhWGX3dIfyy6yHFSFdG0jxKewK79GlAaYvoqsinTGip3FsNrF3Svncin117GeU2C2ziYvBM84NphJIMq1Fpxr6MkDg-2zhxtazO-Gtizb7SuJP8-TWzpFtrXPcHXp8l0idFIiMrq9XGxru8yLSbRNHrxQEYeHl7JyFOF6LgoLaKA1rcbam4GhWd9wP4pcq33cJSCLjdX_0j_z5LyQTc69SicpsyqzljpDl3-cYd9EekpK-FGFj59eKAkH1M4OXnF6_q1Bz5a_i_7QHHlDmht8w5bc8ldOBAWDjoZTwbt-g3-nqRAKJC0T0bG10ND9xZKv3Aan-5EtYRX7F5ShLUifx4JuAC1Oczg_dOCEI8n2HuaxKFFG1ly4ab6uQiw1TOa2OyUzx9RV8xQjSeM9K4rBy9paI5MqUhCGu1ge6sZqZc5MnlGwp-qDVQ30RWhknTaaasxWBHCd9XWX3vi3laUF6Q0t1EOJ6ojjJbfd4Ii0x8-La_ASNvfHWB0dZh2gfiKEvCk2Ldct5h0537bUNhEDdEawlMTHQS2VD4y0gnp5M7102bMDGRuCGFxigJicMmjjjxnEmX3-253ezPDneaZRDIlNlp-_3mazBHHVG9xryA5OYKf_qD0UbEh3lbDPMtIkwvW_xh1e8fL1pO2VHWMBOCu5RQQAw-Qj_aZ5DDoN4MUXlnaxsDR-u6eDZyRARGIvhZnOQoTYzv37yCciXw3QuutVoO4sTr3DIDa8qutlOPQHP7Bqrzb4v5l1bKJIoQk_sreOuHU1aPSKLmRUToWURqufItbiCH89_K3Fq248QucCqIs8tfwQE46GQf6PpLsFoVs1LVrQmmTA6AkfdB569uF1YNNKoP6Mc4j2FDM3bFZWt-twWj5rBf5Q3G3WYqRmD8eZwDznCb9RYgaNyzFWFI38CPlpJt2mg331FtLAeqvVIhjNRGUseGZNLU6q-kZbwYbToL8BEyM0A8s7sZiq04w3Kb4hQdHD1AfWheSiX916-dQu6GPxhtgWfw-s0Aky_uCaDHHtikUzXCNGTSdRYqVbhReaXlzqltiSJ7RbdyCHdfLIs2zojjCsIKjUz4trpqN3LBbCgEvGj1Pr6SuJPi9ppkZLmCA5Rl1oTDilckUZ74Ej5Jj0XYFoT_iMHW-RivebPBn8-GHMiyVY220TRc2adtQCgAQjkROuoW92Dq0gJNYclKm1nk6GuRe4_7Hd7mv9MMxYWgxfAdzDcme1DvDYs7LClmHLAQSTfy6WxriBnX1yozBKQaMZpVVDEXKcONfEj48KMTrvRbmr_y_3jA8tcVEYkj72JvhMBZ5HfuX85ha4OFBC6MbK_evyiDyk3cE5nwL_3V8XH_2Gp9DHjISjTRcXdqbaDHQkanHUqfihVDFDJ0dOu7bKrAsqhtrZKm93k6DCxz_5gq1jnqCW3NzxJgaJ_eGthr-dP7L7V402Rfs9WzVM8VvoRvP0zSJijfOBytHLUDe4jrBSXc4_Z_yG963vtUXm6RHncDF7l8ECbmx1CoEbbEtZvqhv01YoIkYXPTPLBZh2n_J8TcOBBChbHNMDnU8R1CtXYG-Y2vQY6C35U39s-e1apsItMKxduEgaKvdynHlmA9WSKIOzdRnyXZw-d6wWMqlTs2UXRyMMWFC17sxf2KdrUpl3cWPAp25jMeOMGTZD8\x26pr\x3d9:AAABej3YvaNBe451EfhD8a0PV7K0ZKqnKRARew\x26cid\x3dCAASEuRosjkkp7FJs3eAg6_nj4qCig\x26xfc\x3dhttps%3A%2F%2Fgoogle-bidout-d.openx.net%2Fw%2F1.0%2Frc%3Fts%3D2DAABBgABAAECAAIBAAsAAgAAAz8cGAp4QUtoallMbTlyHBa35sWiw9XT2JwBFtuJwuiu-5SP_QEAHBbv_v3Y19z6lW4Wp4vXqKSf-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%26r%3D\x27;document.write(\x27\x3cscript src\x3d\x22\x27 + (window.rfl ? window.rfl(url) : url) + \x27\x22\x3e\x3c/s\x27 + \x27cript\x3e\x27);\x3c/script\x3e\x3c/div\x3e\x3c/div\x3e\x3ciframe src\x3d\x27https://us-u.openx.net/w/1.0/pd?plm\x3d10\x26ph\x3dbbb82fae-1d27-4d90-bb10-e24164ecd7bc\x27 width\x3d\x270\x27 height\x3d\x270\x27 style\x3d\x27display:none;\x27\x3e\x3c/iframe\x3e\x3c/div\x3e\x3cscript data-jc\x3d\x2222\x22 src\x3d\x22https://tpc.googlesyndication.com/pagead/js/r20210621/r20110914/client/window_focus_fy2019.js\x22 async data-jc-version\x3d\x22r20210621\x22 data-jcp-url\x3d\x22https://googleads.g.doubleclick.net/pagead/interaction/?ai\x3dCmGqe1HDUYLuVCaXn5OUPtcWE4A6GyuWeXISB4PbOAsCNtwEQASAAYKHYgoAoggEXY2EtcHViLTMxMDQ3OTAzODc3OTI0NjjIAQngAgCoAwGqBMoCT9C01Bxyx_hxuKwjE28ei8l0RKdW1oKSKBr20rdu79rKnDqaSsiw3yoVnscSLYyEea4H7UjvQBSjk0SXhcNR1EbLXQIKPIb_ditOO3iGsZYo8mDQFFfGcDlAuPm3BYVXsfWDAxr5EPY6_KAzprnhcFFNuKuQt3UIsMSqmlG3fQjeDaXudCB1dp5Qkr_FoxxVkSN9HKHWdCA59M6gD-ekT8mkBcLWaY9RcDgrXXARhKtcvAExV86WwN4YefKZRu-1d8V_8A_qkwlRO9v8zTdHIDkGlzV3iJIHsBAHtaQ9Tg9pHGs8KANh4_-VgHFX7KghTbvKy9wp0M5dpQXlzH3iPIQFTlaCR8QGDG91IgB3n6FnwoJztLxcI-aJKs2G_gB6dO8hgOex8BXahz327Pvhv-7AQ2lR_yvz6X--5xwkwG4JhkG9YXJsdIvq4AQBgAbE_eOww6ynn-8BoAYhiAcBkAcCqAemvhuoB_DZG6gH8tkbqAfs1RuoB5bYG6gHipyxAtgHANIIAhAC8ggbYWR4LXN1YnN5bi00MzM0NzczOTYyMjk1NDM2-gsCCAGADAHQFQGAFwE\x26amp;sigh\x3dqpY17Lq8q1Q\x26amp;cid\x3dCAQSQgCNIrLMmVpaRtwOTwjHCnUAdLFh9y6Omv3Vsr65wQXDu3YvOgcts3MljnhEdL9SlwIUYMehKbhLnGqI3bBMisI78g\x22 data-jcp-gws-id\x3d\x22\x22 data-jcp-qem-id\x3d\x22CLvPhLWZsPECFaUzuQYdtSIB7A\x22\x3e\x3c/script\x3e\x3cscript src\x3d\x22https://www.googletagservices.com/activeview/js/current/rx_lidar.js?cache\x3dr20110914\x22\x3e\x3c/script\x3e\x3cscript type\x3d\x22text/javascript\x22\x3eosdlfm();\x3c/script\x3e\x3cscript data-jc\x3d\x2223\x22 src\x3d\x22https://tpc.googlesyndication.com/pagead/js/r20210621/r20110914/client/qs_click_protection_fy2019.js\x22 data-jc-version\x3d\x22r20210621\x22\x3e\x3c/script\x3e\x3cscript\x3egoogqscp.init([[[[null,500,99,2,9,null,null,null,1]]]]);\x3c/script\x3e\x3cimg src\x3d\x22//www.google.com/ads/measurement/l?ebcid\x3dALh7CaRESIqRoscDgLmSFEyDNMhCznVaOy_B8DXrbI_DSfHb2UMa8429Xzynu9QE0JdpPSSUVXJc\x22 style\x3d\x22display:none;\x22 alt\x3d\x22\x22\x3e\x3c/img\x3e\x3cscript src\x3d\x22https://tpc.googlesyndication.com/safeframe/1-0-38/js/ext.js\x22\x3e\x3c/script\x3e\x3cdiv style\x3d\x22bottom:0;right:0;width:120px;height:600px;background:initial !important;position:absolute !important;max-width:100% !important;max-height:100% !important;pointer-events:none !important;image-rendering:pixelated !important;z-index:2147483647;background-image:url(\x27data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACsAAAAWBAMAAACrl3iAAAAABlBMVEUAAAD+AciWmZzWAAAAAnRSTlMAApidrBQAAAB9SURBVBjTbZELDsAwCELxBtz/tEuhqFtmP6kZ2lcG/Ec5dFgZqK88g+ysJNM46pthVNmUtVodtxpdM1nuTv+QJPjhhngN7iXVuZlz4C4wM7K7KRubtybQqbhzk1jJF3eNn1jvit5c40JNwXLQ6PGx1ZUnfxwcmvUvq+lP6weHIQX1m4O8/gAAAABJRU5ErkJggg\x3d\x3d\x27) !important;\x22\x3e\x3c/div\x3e\x3c/body\x3e\x3c/html\x3e');doc.close();{"uid":"f","hostPeerName":"https://www.baenegocios.com","initialGeometry":"{\"windowCoords_t\":0,\"windowCoords_r\":1366,\"windowCoords_b\":728,\"windowCoords_l\":0,\"frameCoords_t\":1867,\"frameCoords_r\":195.5,\"frameCoords_b\":2467,\"frameCoords_l\":35.5,\"styleZIndex\":\"auto\",\"allowedExpansion_t\":80,\"allowedExpansion_r\":1153.5,\"allowedExpansion_b\":0,\"allowedExpansion_l\":35.5,\"xInView\":1,\"yInView\":0.8133333333333334}","permissions":"{\"expandByOverlay\":false,\"expandByPush\":false,\"readCookie\":false,\"writeCookie\":false}","metadata":"{\"shared\":{\"sf_ver\":\"1-0-38\",\"ck_on\":1,\"flash_ver\":\"0\"}}","reportCreativeGeometry":false,"isDifferentSourceWindow":false,"goog_safeframe_hlt":{},"encryptionMode":null}" scrolling="no" marginwidth="0" marginheight="0" width="160" height="600" data-is-safeframe="true" sandbox="allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation" allow="conversion-measurement" data-google-container-id="f" style="box-sizing: border-box; transition: background 0.3s ease 0s, color 0.3s ease 0s, box-shadow 0.3s ease 0s, position 0.3s ease 0s, border 0.3s ease 0s, opacity 0.3s ease 0s; -webkit-font-smoothing: antialiased; width: 160px; min-width: 100%; max-width: 100%; border-width: 0px; border-style: initial; vertical-align: bottom;">

El 2021 arrancó con una continuidad en la dinámica de recuperación económica traccionada por la inversión. Si bien el consumo privado siguió en números positivos, la formación de capital lo superó por mucho y llegó a su máximo de participación sobre el producto en al menos cinco años. Así, mientras que el gasto de los hogares trepó 2,9% desestacionalizado en el primer trimestre del año, el de las empresas con fines productivos lo hizo al 6,1%. El PBI, por su parte, creció 2,6%. Un dato no menor: los tres volvieron a desacelerar su recuperación.

La Dirección de Cuentas Nacionales del Indec publicó el Informe de avance del nivel de actividad del primer trimestre, que mostró cómo llegó la economía a la segunda ola. Si bien hubo crecimiento, fue en plena desaceleración y con dos tropezones en febrero y marzo, tal como mostró el Emae. El que traccionó fue enero. 

La recuperación de la inversión, con todo, sigue siendo destacable y quedó 38,4% por encima de los niveles previos a lo peor de la pandemia, es decir, al comparar con el primer trimestre del 2020. El consumo, en cambio, quedó 0,7% por debajo de los niveles previos al desplome del segundo trimestre del año pasado. 

La diferencia en la velocidad de recuperación del consumo y la inversión se da por varios factores. Un informe reciente de PxQ señaló dos. Por un lado destacó el impacto de la incertidumbre pandémica sobre los hogares: “Si bien en un primer momento la pandemia afectó por igual a oferta y demanda, una vez que se flexibilizaron las restricciones a la circulación la producción de bienes y la construcción reflejaron una rápida recuperación, mientras que el consumo se vio limitado por la baja movilidad y el miedo al contagio”.

Y por otro se refirió al ahorro forzado en bienes durables por la debilidad del peso y el cepo: "En Argentina particularmente la debilidad del peso llevó a que ante un ahorro forzoso en ciertos sectores que vieron reducidas sus posibilidades de gasto se destine una parte del excedente a bienes durables y construcción/refacción de la vivienda”. 

Además, el profesor de la Universidad Carlos III de Madrid e Investigador del IIEP-BAIRES, Damián Pierri, agregó otra explicación: “Los empresarios están defendiendo mejor su ingreso contra la inflación que los trabajadores y eso impacta en la riqueza vis a vis los salarios. La paritaria termina siendo negociada a cambio del empleo, eso opera como un ancla y hace que el salario se retrase. No es el caso de las rentas, que estan asociadas a la tierra, y de los beneficios, a las ganancias de las empresas, que son las que tienen capacidad de mover los precios”.

Y agregó: “Esto afecta al comportamiento relativo del consumo. Las exportaciones y la inversión, máxime después del pico observado en el último trimestre del 2020, dependen más de otras medidas de ingreso, las cuales también se estacionan en pesos debido al cepo. Los componentes de la demanda más vinculados a rentas y beneficios tuvieron mejor suerte, lo que se refleja en los niveles de los saldos reales contra los salarios reales. Eso porque tienen mejores herramientas para ajustar sus remuneraciones en contextos inflacionarios”.

La inversión sigue ganando importancia relativa

Para que la inversión crezca, primero las empresas tienen que ganar dinero. En este caso, al comparar masa salarial con excedente de explotación de las empresas, tal como observó Pierri, se observa que el ajuste del salario en los últimos años llevó al consumo a caer más y recuperarse más lento que el resto de los factores de la demanda que traccionan al PBI, como la inversión.

Además, la formación bruta de capital fijo llegó a una participación de 17,3% sobre el PBI, en la medición a precios corrientes, que es el máximo al menos desde el tercer trimestre del 2011, cuando llegó a 18,1%. El dato es importante y muestra la recuperación tras el 9,8% del segundo trimestre del año pasado, que encendió las alarmas ya que, según las estimaciones privadas, semejante nivel, bien por debajo del piso del 12%, significaba destrucción de capital. Es decir, pérdida de capacidades productivas por no poder suplir su desgaste.

Cabe destacar que aunque en términos relativos al PBI está en su punto máximo, todavía está lejos de alcanzar su pico en términos absolutos. El récord de inversión de 2017 está 20,1% por encima de los niveles actuales, al comparar los valores a precios constantes del 2004.

El consumo sigue recuperando posiciones en comparación con el PBI y pasó del 59,2% en el cuarto trimestre del 2020 al 65% en el primer trimestre del 2021. Sin embargo, continúa por debajo del 68,7% de principios del año pasado.