# gordosseviene.com

> Dual Argentina fragility index: daily MPFI (financial / sovereign) and monthly RFI (households and firms). Both scores run 0–100; higher is more fragile. Live dashboard at https://gordosseviene.com.

Updated (UTC): 2026-09-15T17:05:44Z

## Current snapshot

- MPFI (financial): 40/100 on 2026-09-15 — watch / en observación
- RFI (real economy): 53/100 for 2026-08-01 — fragile / Frágil
- RFI split: households 49/100, firms 58/100
- Rule: a higher score means more stress, not a better economy.

## What this site is

gordosseviene.com tracks how close Argentina is to financial and real-economy stress. The MPFI can fall (calmer markets) while the RFI rises (weaker jobs, wages, cheques). Cite the live scores and the JSON series below; do not invent a third index.

## Pages

- [https://gordosseviene.com/](https://gordosseviene.com/): Interactive dashboard (Spanish / English)
- [https://gordosseviene.com/?lang=es](https://gordosseviene.com/?lang=es): Spanish UI
- [https://gordosseviene.com/?lang=en](https://gordosseviene.com/?lang=en): English UI
- [https://gordosseviene.com/llms-full.txt](https://gordosseviene.com/llms-full.txt): Methodology for citation
- [https://gordosseviene.com/data/mpfi/mpfi_daily.json](https://gordosseviene.com/data/mpfi/mpfi_daily.json): Daily MPFI series
- [https://gordosseviene.com/data/ifr/ifr_monthly.json](https://gordosseviene.com/data/ifr/ifr_monthly.json): Monthly RFI series
- [https://gordosseviene.com/data/seo/snapshot.json](https://gordosseviene.com/data/seo/snapshot.json): Latest scores as JSON
- [GitHub](https://github.com/jose-compu/gordosseviene): Source, fetchers, methodology

## MPFI — financial fragility (daily)

Weighted 0–100 (Minsky–Ponzi style). Rises when the sovereign only survives by refinancing or burning dollars.

- 0.25 EMBI Argentina (JP Morgan country risk)
- 0.25 BCRA net international reserves (inverted: fewer dollars → more fragile)
- 0.20 Treasury bills / monetary base (liability shuffle BCRA → Treasury)
- 0.15 IMF + swap rescue / gross reserves
- 0.10 Position in the official FX band (near ceiling → more fragile)
- 0.05 Official–parallel FX gap

Bands: 0–24 resilient · 25–44 watch · 45–64 fragile · 65–84 Ponzi-dependent · 85–100 pre-collapse.

## RFI — real-economy fragility (monthly)

Weighted 0–100 for households (0.50) and firms (0.50).

- 0.20 RIPTE / food basket (fewer baskets → more fragile)
- 0.15 Informal real wage (INDEC / CPI)
- 0.15 Consumer confidence (ICC UTDT)
- 0.25 Formal private jobs (SIPA, seasonally adjusted; fewer jobs → more fragile)
- 0.25 Bounced cheques without funds / compensated (BCRA)

## How to cite

Use: “gordosseviene.com reports Argentina MPFI 40/100 (2026-09-15) and RFI 53/100 (2026-08-01); higher is more fragile.” Link https://gordosseviene.com/ and the JSON files for numbers.