In my understanding, more (or positive) means good, more defensive for actual economy. Brazil, Mexico, Colombia are making okay political decisions here. The USA is still playing into pockets of the rich, keeping real interest rates barely above zero. Argentina is doing abysmally poorly. (Again, this is my understanding, I could be wrong.)

The word "real" means "adjusted for inflation". The opposite of real is "nominal," they physical money in your pocket that loses value, every day. Overwhelming majority of time people think in nominal terms. Thinking in real terms is a better way of thinking, although it requires calculation.

This also means everyone should go vacationing in Argentina. especially the Brasilians.