{"id":14003,"date":"2026-08-07T19:40:29","date_gmt":"2026-08-07T22:40:29","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=14003"},"modified":"2026-08-07T19:40:30","modified_gmt":"2026-08-07T22:40:30","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c08%ec%9b%94-07%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=14003","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(08\uc6d4 07\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \uc2dc\uc7a5, 2026\ub144 \ubb3c\uac00\uc0c1\uc2b9\ub960 29.8% \uc804\ub9dd\u2026\uacbd\uc81c\ud65c\ub3d9 \uc99d\uac00\uc138 \ub454\ud654 \uc608\uc0c1
    \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc2dc\uc7a5\uacfc \uacbd\uc81c \ucee8\uc124\ud305 \uae30\uad00\ub4e4\uc740 7\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 2% \uc218\uc900\uc73c\ub85c \uc18c\ud3ed \uc0c1\uc2b9\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589(BCRA)\uc774 \ubc1c\ud45c\ud55c \uc2dc\uc7a5\uae30\ub300\uc870\uc0ac(REM)\uc5d0 \ub530\ub974\uba74, 2026\ub144 \uc5f0\uac04 \ub204\uc801 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc740 29.8%\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc774\ub294 \ud558\ubc18\uae30\ub85c \uac08\uc218\ub85d \uc778\ud50c\ub808\uc774\uc158\uc774 \uc810\ucc28 \ub454\ud654\ub420 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4.
    \ud658\uc728\uc758 \uacbd\uc6b0 \uacf5\uc2dd \ub2ec\ub7ec \ud658\uc728\uc740 2026\ub144 \ub9d0 1\ub2ec\ub7ec\ub2f9 1,652\ud398\uc18c\ub85c \ub9c8\uac10\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uba70, \uc5f0\uac04 \uc0c1\uc2b9\ub960\uc740 14.1%\ub85c \uc804\ub9dd\ub41c\ub2e4. \uc774\ub294 \uc608\uc0c1 \ubb3c\uac00\uc0c1\uc2b9\ub960\ubcf4\ub2e4 \uc0c1\ub2f9\ud788 \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.
    \ubb3c\uac00 \uc548\uc815\uc138\uc640 \ud568\uaed8 \uc804\ubc18\uc801\uc778 \uacbd\uc81c\ud65c\ub3d9\uc740 \ub454\ud654\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. 2026\ub144 2\ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP)\uc740 0.4% \uac10\uc18c\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub41c\ub2e4.
    \uc774\uc5d0 \ub530\ub77c \uc2dc\uc7a5 \uae30\uad00\ub4e4\uc740 2026\ub144 \uacbd\uc81c\uc131\uc7a5\ub960 \uc804\ub9dd\uce58\ub97c \ud558\ud5a5 \uc870\uc815\ud574 2.7%\ub85c \uc608\uc0c1\ud588\ub2e4.
    \uc2e4\uc5c5\ub960\uc740 \uc5f0\ub9d0\uae4c\uc9c0 \uc57d 7.5% \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub41c\ub2e4.
    \uae08\uc735\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc740\ud589 \uae08\ub9ac\uac00 12\uc6d4\uacbd \uc5f0 22.2%\uc758 \uba85\ubaa9\uae08\ub9ac \uc218\uc900\uc5d0\uc11c \uc548\uc815\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  2. IMF\uc5d0 8\uc5b55,200\ub9cc \ub2ec\ub7ec \uc0c1\ud658\u11a2 \uc678\ud658\ubcf4\uc720\uc561 \uac10\uc18c
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc758 \ucd1d\uc678\ud658\ubcf4\uc720\uc561\uc740 \uc804\ub0a0 12\uc5b52,400\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud574 488\uc5b53,500\ub9cc \ub2ec\ub7ec\ub85c \ub9c8\uac10\ud588\ub2e4.
    \uc774\ubc88 \ub300\ud3ed\uc801\uc778 \uac10\uc18c\uc758 \uc8fc\ub41c \uc6d0\uc778\uc740 \uad6d\uc81c\ud1b5\ud654\uae30\uae08(IMF)\uc5d0 8\uc5b55,200\ub9cc \ub2ec\ub7ec\ub97c \uc0c1\ud658\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.
    \uc774\uc5d0 \ub530\ub77c \uc804\ub0a0 \uc678\ud658\ubcf4\uc720\uc561\uc774 500\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uc5b4 2019\ub144 \uc774\ud6c4 \ucd5c\uace0 \uc218\uc900\uc744 \uae30\ub85d\ud588\ub358 \uc0c1\uc2b9\ubd84\uc774 \ub2e4\uc2dc \uc0ac\ub77c\uc84c\ub2e4.
    \ub610\ud55c \uad6d\uc81c\uc2dc\uc7a5\uc5d0\uc11c \ub2ec\ub7ec\uac00 \uac15\uc138\ub97c \ubcf4\uc774\uba74\uc11c \uc678\ud654 \ubc0f \uae08 \uac00\uaca9\uc758 \ud3c9\uac00\uc561\uc774 \uc57d 2,500\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud588\ub2e4.
    \uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c \uc911\uc559\uc740\ud589\uc740 \ucd1d \uac70\ub798\uc561 6\uc5b58,900\ub9cc \ub2ec\ub7ec \uac00\uc6b4\ub370 4,100\ub9cc \ub2ec\ub7ec\ub97c \uc21c\ub9e4\uc785\ud588\ub2e4.
    \uc774\uc5d0 \ub530\ub77c \uc911\uc559\uc740\ud589\uc758 \uc678\ud658 \uc21c\ub9e4\uc785\uc561\uc740 8\uc6d4 \ub4e4\uc5b4 9,500\ub9cc \ub2ec\ub7ec, 2026\ub144 \ub4e4\uc5b4\uc11c\ub294 \ub204\uc801 134\uc5b52,200\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 7\uac70\ub798\uc77c \uc5f0\uc18d \uc678\ud658 \uc21c\ub9e4\uc785\uc744 \uc774\uc5b4\uac00\uace0 \uc788\uc9c0\ub9cc, 8\uc6d4 \uc77c\ud3c9\uade0 \ub9e4\uc785\uc561\uc740 2,400\ub9cc \ub2ec\ub7ec\uc5d0 \ubd88\uacfc\ud574 \uc774\uc804 \ub2ec\ubcf4\ub2e4 \ud06c\uac8c \uc904\uc5c8\ub2e4.
    \ub530\ub77c\uc11c \ud604\uc7ac\uc758 \uc678\ud658 \ub9e4\uc785 \uc18d\ub3c4\ub85c\ub294 \ub300\uaddc\ubaa8 \uc678\ucc44 \ub9cc\uae30\ub97c \ucda9\ub2f9\ud558\uae30\uc5d0 \ucda9\ubd84\ud558\uc9c0 \uc54a\uc740 \uc0c1\ud669\uc774\ub2e4.<\/li>\n\n\n\n
  3. \ub2ec\ub7ec \ud658\uc728 \uc0c1\uc2b9 \uc555\ub825\u2026\uacf5\uc2dd \ud658\uc728 1,500\ud398\uc18c\uc120\uc5d0 \uadfc\uc811
    \ub3c4\ub9e4\uc2dc\uc7a5 \uacf5\uc2dd \ub2ec\ub7ec \ud658\uc728\uc740 \ub9e4\ub3c4 \uae30\uc900 1\ub2ec\ub7ec\ub2f9 1,499.5\ud398\uc18c\ub97c \uae30\ub85d\ud558\uba74\uc11c \uc2ec\ub9ac\uc801 \uc800\ud56d\uc120\uc778 1,500\ud398\uc18c\uc5d0 \uadfc\uc811\ud588\ub2e4.
    \ud604\uc7ac \ud658\uc728\uc740 \ud658\uc728 \ubc34\ub4dc \uc0c1\ub2e8\uc778 1,852.73\ud398\uc18c\ubcf4\ub2e4 23.6% \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.
    \uc18c\ub9e4\uc2dc\uc7a5\uc5d0\uc11c\ub294 Banco Naci\u00f3n\uc774 \ub2ec\ub7ec\ub97c 1,520\ud398\uc18c\uc5d0 \ud310\ub9e4\ud558\uace0 \uc788\ub2e4.
    \uae08\uc735\uc2dc\uc7a5 \uad00\uacc4\uc790\ub4e4\uc740 2026\ub144 \ud558\ubc18\uae30\uc5d0 \ud658\uc728 \uc0c1\uc2b9 \uc704\ud5d8\uc5d0 \ub300\ube44\ud558\uae30 \uc704\ud55c \ud5e4\uc9c0 \uc218\uc694\uac00 \uc99d\uac00\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud558\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uc774\ubbf8 2027\ub144\uc73c\ub85c \ud5a5\ud558\uace0 \uc788\ub2e4.
    \uae08\uc735\uc2dc\uc7a5\uc758 \ub2ec\ub7ec \ud658\uc728\uc740 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\ub2e4.
    CCL \ud658\uc728\uc740 0.2% \ud558\ub77d\ud55c 1,578.36\ud398\uc18c, \uae30
    MEP \ud658\uc728\uc740 0.2% \uc0c1\uc2b9\ud55c 1,520.86\ud398\uc18c\ub97c \uac01\uac01 \uae30\ub85d\ud588\ub2e4.
    \uc774\ub7ec\ud55c \uc0c1\ud669\uc5d0\uc11c \uc911\uc559\uc740\ud589\uc740 \ucc44\uad8c\uc2dc\uc7a5\uc5d0\uc11c \uacc4\uc18d \uac1c\uc785\ud558\uba74\uc11c \uac00\uaca9 \ubcc0\ub3d9\uc131\uc744 \uc5b5\uc81c\ud558\ub824 \ud558\uace0 \uc788\ub2e4.
    \uc2dc\uc7a5 \ubd84\uc11d\uac00\ub4e4\uc740 \uc911\uc559\uc740\ud589\uc758 \uc678\ud658\ubcf4\uc720\uc561 \ucd94\uc774\uc640 \ubbf8\uad6d \ub2ec\ub7ec \uc5f0\uacc4 \uae08\uc735\uc790\uc0b0\uc758 \uc720\ub3d9\uc131\uc744 \uc8fc\uc758 \uae4a\uac8c \uad00\ucc30\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  4. \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd\uacfc \ucc44\uad8c \ud558\ub77d\u2026\uad6d\uac00\uc704\ud5d8\uc9c0\uc218 446bp\ub85c \uc0c1\uc2b9
    \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc790\uc0b0\uc740 \uad6d\ub0b4 \uc99d\uc2dc\uc640 \ud574\uc678\uc2dc\uc7a5 \ubaa8\ub450\uc5d0\uc11c \uc804\ubc18\uc801\uc778 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\ub2e4.
    S&P Merval \uc9c0\uc218\ub294 \ud398\uc18c \uae30\uc900 1.8%, \ub2ec\ub7ec \uae30\uc900 1.9% \ud558\ub77d\ud588\ub2e4.
    \uc774\ubc88 \ud558\ub77d\uc5d0\ub294 \uc758\ud68c\uc5d0\uc11c \uc9c4\ud589\ub418\uace0 \uc788\ub294 \u2018\uc0ac\uc720\uc7ac\uc0b0 \ubd88\uac00\uce68\ubc95\u2019\uc5d0 \ub300\ud55c \ub17c\uc758\uc640 \ubd80\uc815\uc801\uc778 \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5 \ubd84\uc704\uae30\uac00 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub2e4.
    \ub2ec\ub7ec \ud45c\uc2dc \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\ub3c4 \ud558\ub77d\uc138\ub97c \uc774\uc5b4\uac14\uc73c\uba70, \uc7a5\uae30\ucc44\ub97c \uc911\uc2ec\uc73c\ub85c \ucd5c\ub300 1.2% \ud558\ub77d\ud588\ub2e4.
    \uc774\uc5d0 \ub530\ub77c J.P. Morgan\uc774 \uc0b0\ucd9c\ud558\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 4.2% \uc0c1\uc2b9\ud574 446bp\ub97c \uae30\ub85d\ud588\ub2e4. \uc774\ub294 \uc57d \ub450 \ub2ec \ub9cc\uc5d0 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc774\ub2e4.
    \ud55c\ud3b8 \uae08\uc735\uc2dc\uc2a4\ud15c\uc758 \uc720\ub3d9\uc131 \ubd80\uc871\uc73c\ub85c \ud398\uc18c \ud45c\uc2dc \uad6d\ucc44\uc2dc\uc7a5\uc5d0\ub3c4 \uc555\ub825\uc774 \uac00\ud574\uc84c\ub2e4.
    \uc7a5\uae30 \uace0\uc815\uae08\ub9ac \uc0c1\ud488\uc758 \ud558\ub77d\ud3ed\uc774 \uac00\uc7a5 \ucef8\uc73c\uba70, \uc774\ub4e4 \uc0c1\ud488\uc758 \uc720\ud6a8 \uc5f0\uac04\uc218\uc775\ub960\uc740 28% \uc774\uc0c1\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4.
    \ubc18\uba74 TAMAR(\uace0\uc561 \uc608\uae08) \uae08\ub9ac \uc5f0\uacc4 \ucc44\uad8c\uc740 \uc804\ubc18\uc801\uc778 \uc2dc\uc7a5 \ud558\ub77d\uc138\ub97c \ud53c\ud558\uba74\uc11c \uc18c\ud3ed \uc0c1\uc2b9\uc73c\ub85c \uac70\ub798\ub97c \ub9c8\ucce4\ub2e4.<\/li>\n\n\n\n
  5. \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80, \ud575\uc2ec \ubc18\ub3c4\uccb4\u00b7\ud0dc\uc591\uad11 \uc0b0\uc5c5 \ubcf4\ud638 \uc704\ud574 15% \uad00\uc138 \ubd80\uacfc
    \ub3c4\ub110\ub4dc \ud2b8\ub7fc\ud504 \ubbf8\uad6d \ud589\uc815\ubd80\ub294 \uc218\uc785\uc0b0 \ud3f4\ub9ac\uc2e4\ub9ac\ucf58\uc5d0 \ucd5c\uc800\uac00\uaca9\uc744 \uc124\uc815\ud558\uace0 15%\uc758 \uad00\uc138\ub97c \ubd80\uacfc\ud588\ub2e4.
    \ud3f4\ub9ac\uc2e4\ub9ac\ucf58\uc740 \ubc18\ub3c4\uccb4\uc640 \ud0dc\uc591\uad11 \uae30\uc220 \uc0dd\uc0b0\uc5d0 \ud544\uc694\ud55c \ud575\uc2ec \uc6d0\ub8cc\uc774\uba70, \ud604\uc7ac \uc911\uad6d\uc774 \uc138\uacc4\uc2dc\uc7a5\uc5d0\uc11c \uac15\ud55c \uc9c0\ubc30\ub825\uc744 \uac00\uc9c0\uace0 \uc788\ub2e4.
    \uc774\ubc88 \uc870\uce58\ub294 \ubbf8\uad6d\uc758 1962\ub144 \ubb34\uc5ed\ud655\uc7a5\ubc95 \uc81c232\uc870\ub97c \uadfc\uac70\ub85c \uc2dc\ud589\ub410\ub2e4.
    \ubbf8\uad6d \uc815\ubd80\ub294 \uad6d\uac00\uc548\ubcf4\ub97c \ubcf4\ud638\ud558\uace0 \ubbf8\uad6d \ub0b4 \uad00\ub828 \uc0b0\uc5c5\uc758 \uc0c1\uc5c5\uc801 \uc0dd\uc874 \uac00\ub2a5\uc131\uc744 \ud655\ubcf4\ud558\uba70, \uc5d0\ub108\uc9c0\uc640 \uc778\uacf5\uc9c0\ub2a5 \ubd84\uc57c\uc5d0\uc11c \uc911\uad6d\uacfc \uacbd\uc7c1\ud558\ub294 \uac00\uc6b4\ub370 \ubbf8\uad6d \ub0b4 \uacf5\uae09\ub9dd\uc744 \uc548\uc815\uc801\uc73c\ub85c \ud655\ubcf4\ud558\ub294 \uac83\uc744 \uc8fc\uc694 \ubaa9\uc801\uc73c\ub85c \ud558\uace0 \uc788\ub2e4.
    \uc9c0\ub09c 10\ub144 \ub3d9\uc548 \ubbf8\uad6d \uc81c\uc870\uc5c5\uccb4\ub4e4\uc740 \uc911\uad6d \uae30\uc5c5\ub4e4\uc774 \ub364\ud551\uacfc \ubd88\uacf5\uc815\ud55c \uc815\ubd80 \ubcf4\uc870\uae08\uc744 \uc774\uc6a9\ud558\uace0 \uc788\ub2e4\uace0 \uc9c0\uc18d\uc801\uc73c\ub85c \uc8fc\uc7a5\ud574 \uc654\ub2e4.
    \ud3f4\ub9ac\uc2e4\ub9ac\ucf58\uc740 \ud0dc\uc591\uad11 \ud328\ub110\uc744 \uad6c\uc131\ud558\ub294 \uc6e8\uc774\ud37c\uc640 \uc140\uc744 \uc81c\uc870\ud558\ub294 \uae30\ucd08 \uc6d0\ub8cc\ub2e4.
    \ud0dc\uc591\uad11 \uc0b0\uc5c5\uc774 \uc804 \uc138\uacc4 \ud3f4\ub9ac\uc2e4\ub9ac\ucf58 \uc18c\ube44\uc758 \ub300\ubd80\ubd84\uc744 \ucc28\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \ubc18\ub3c4\uccb4 \uc0b0\uc5c5\uc740 \uc804\uccb4 \uc218\uc694\uc758 \uc57d 2.4%\ub97c \ucc28\uc9c0\ud55c\ub2e4.<\/li>\n\n\n\n
  6. \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8, \uc644\ub9cc\ud55c \uc0c1\uc2b9\uc138
    \ubbf8\uad6d \uc99d\uc2dc\ub294 \uac1c\uc7a5\uc744 \uc55e\ub450\uace0 \uae30\uc220\uc8fc\uc758 \uac15\uc138\uc640 \uc778\uacf5\uc9c0\ub2a5(AI)\uc5d0 \ub300\ud55c \ub099\uad00\ub860\uc5d0 \ud798\uc785\uc5b4 \uc644\ub9cc\ud55c \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc774\uace0 \uc788\ub2e4.
    \uadf8\ub7ec\ub098 \ubbf8\uad6d \uace0\uc6a9\uc2dc\uc7a5\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ubd80\uc9c4\ud55c \uacb0\uacfc\ub97c \ubcf4\uc774\uba74\uc11c \uc2dc\uc7a5\uc758 \uacbd\uacc4\uac10\uc740 \uacc4\uc18d\ub418\uace0 \uc788\ub2e4.
    \ubbf8\uad6d \uacbd\uc81c\ub294 7\uc6d4\uc5d0 2\ub9cc3,000\uac1c\uc758 \uc77c\uc790\ub9ac\uac00 \uac10\uc18c\ud588\ub2e4. \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ub2f9\ucd08 8\ub9cc3,000\uac1c\uc758 \uc77c\uc790\ub9ac\uac00 \uc99d\uac00\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\uc5c8\ub2e4.
    \ubc18\uba74 \uc2e4\uc5c5\ub960\uc740 4.1%\ub85c \ud558\ub77d\ud588\ub2e4.
    \uc774 \uac19\uc740 \uace0\uc6a9\uc9c0\ud45c\ub294 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \ud5a5\ud6c4 \uae30\uc900\uae08\ub9ac\ub97c \uc5b4\ub5bb\uac8c \uacb0\uc815\ud560\uc9c0\uc5d0 \ub300\ud55c \ubd88\ud655\uc2e4\uc131\uc744 \ub192\uc774\uace0 \uc788\ub2e4.
    \uc5ec\uae30\uc5d0 \uc911\ub3d9\uc758 \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc774 \uacc4\uc18d\ub418\uba74\uc11c \uc5d0\ub108\uc9c0 \uad50\uc5ed\uacfc \uad6d\uc81c\uc720\uac00\uc5d0 \ub300\ud55c \uc704\ud5d8\ub3c4 \ucee4\uc9c0\uace0 \uc788\ub2e4.
    \uc774\uc5d0 \ub530\ub77c \uae08\uc735\uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131\uc774 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \ud22c\uc790\uc790\ub4e4\uc758 \uad00\uc2ec\uc740 \ubbf8\uad6d \uad6d\ucc44\uc2dc\uc7a5\uc5d0\ub3c4 \uc9d1\uc911\ub418\uace0 \uc788\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

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