A rudder blow in the middle of the storm

The Argentine economy is a boat that sails protected by two stone spigons. One is the exchange rate, which allows to fix the exchange rate with few reserves and isolate it from the external and internal winds. The other is the ignominious debt restructuring of Alberto Fernández and Martín Guzmán, which allowed to dispense transitionally from the external markets at the cost of destroying the country's low credit reputation.Among these spigons th…