We will see how things turn out for Argentina.
https://www.forbes.com/sites/afontevecchia/2024/08/02/argentina-faces-serious-medium-term-default-risks-given-ypf-nationalization-case-in-new-york/
The powers that control Argentina want to punish her for expressing their collective vote and saying no to austerity and servitude. People voted against Macri due to their terrible financial situation . Unfortunately I believe it will get much worse if Argentina defaults...