The Caudillo Clash
This could happen only in Argentina, a loose federal state where power often trickles up from the provinces. At independence in 1810, rural landowning strongmen, or caudillos, resisted control from Buenos Aires. Their successors still boss the 23 provinces as semi-sovereign fiefdoms, and often push the central government as well. Argentina defaulted on $141 billion in debt this December, triggering deadly riots that would see Argentina ruled by five presidents in two weeks....