Fair enough. I've never been to Argentina, and can only go on what I've read in the news. I'm curious what policies you specifically think are going to sink the country into crisis. Is it just about his deal to make good on the defaulted bonds, or is he a profligate borrower and spender in other areas as well?

If it's primarily the bond deal, I would be sympathetic to the argument that Macri is just being honest and having the country take responsibility for the debts racked up by his predecessors. Another good sign is how he's cleaned up the government statistics office that Fernandez was using to publish ginned up economic indicators to make herself look better (which wasn't fooling anybody outside the country; I don't know how widely they were believed domestically). These sorts of moves pay off in the long term by restoring the goodwill of the international community and giving the government more room to maneuver. The fact that he's making them now, when they make his job more difficult in the short term, suggests a profound professional integrity that inclines me to think of him as a statesman.

Am I misreading your objection here? If so, I'd like to know more about your take on things. (Or maybe you could point me to some sources I could read?)