When a person is OK with taking something away from one person or group by force and/or threat of prison if necessary, to give to themselves, they are in my mind envious of those same people.
The challenge Argentines face is not envy of others. To say they are simply trying to take what is not theirs from someone else, and that is why the currency just weakened, reflects a misunderstanding of the situation and the country. I think you're trying to impose a belief system onto a situation without regard to the facts, which are much more complex.
To tie this back into the thread topic, the reason (IMHO) the Argentine stock market and currency fell so much in one day is because Argentina does not yet have the strength or breadth of institutions needed to weather the thought of a "simple" change of one leader. When one person can make such a difference, the prior valuation was unrealistic, far too high and wildly overstated.
The weakness in policy making and governance is sad, but it isn't the "will of the people" or the result of lazy good for nothings trying to take what isn't theirs. The good people of Argentina work just as hard as you and me and have good solid values as well. Argentina lived under military rule for over 40 years, and during that time the rulers engaged in a dirty war, terrorizing the population, killing more than 30K mostly young men and women, and driving the best minds to exile. It's only been a bit over 30 years since the dictatorship was replaced with elected civilian rule. The people there are still learning to govern themselves and rebuild society. People born, raised and educated in a free society are millenniums. The older populace has spent most or all of their lives under a terror regime. How are they supposed to learn where there is neither tradition nor education? This is no surprise (except for the people and institutions that invested in that 100 year bond issue).
It's taken us (USA) over 200 years to figure out most of this stuff, including the part about having institutions, such as the armed forces, a central bank and a judiciary, that are highly qualified and independent, and can withstand encroachment. It's safe to say we're still learning.
Again, tied back to the thread topic, assets in emerging markets are "cheaper" for good reason. What's happened in Argentina could happen in most other emerging market countries. There are a few that might escape that fate, evolve and become high income countries, but (IMO) the majority will follow the same turbulent path as Argentina. Economic development is very challenging.