and how will these apparent economic challenges affect the people in Argentina and expats?
Applying my experience in other South American countries, I would not that the rich are very very very rich, and thus are likely to be insulated. The masses - would be further challenged (sad, because there burden is already heavy).
Generally, is not poor people that revolt, its the people who dont want to be poor (aka the middle class). It was the middle class that revolted in 2001.
But don't think that something like that is likely to happen now. I do believe however that the economic situation is going to get even tougher over the next few months.
I also dont think the government is going to resingn, but you can never underestimate the insanity of the Ks.
Well, I disagree completely and actually feel this is the perfect time to invest in Argentina. I have a finance background and all I can say is there are always opposite points of view and that is what makes markets. Time will tell.
Sure, every crisis is an opportunity and all but.... you must have some brass balls to invest in Argentina right now.