Argentina is now pretty much entirely blocked out of the international credit markets, there's just no bond-backed deficit spending, and a default is coming - we don't know the scope or scale, but it will be big. Fernandez and Cristina have the mandate and the trust of important segments of the economy on the labor side. Fernandez especially is/was proponent of a more laissez faire version of Cristina-style state capitalism.
In this context, there's at least some reason to believe/hope that Fernandez could move Argentina into default, do a Uruguay-style rescheduling over a very long term, devalue the peso, and extract the concessions necessary from the various domestic labor/activist players (their allies) to ensure that the budget stayed even without causing civil strife or greatly affecting living standards. This could lead, broadly, to a pretty soft transition and a produce an upward growth arc, with positive effects on both inflation and domestic consumption. I still think that probably the worst/most economically destructive actions we're likely to see out of the new government is the imposition of steep export tariffs on things like beef, grain, dairy products, etc. with an aim to keeping domestic prices down. (But with longer term negative results.)