Dear pasbaxo,

No one is saying Argentina is in the worst position posible, by no means. But nevertheless it certainly cannot be proposed as an example of how to deal with debt. In the authors’ view, Ecuador or Greece are better paths to follow.
In first place, that depends on how you mesure external debt. As the article clearly exposes, there have been some tricks on that matter in the Kirchner administration.
In secon place, since 2010 the country pays the highest interest rates of the region (one of the highest in the world), certainly something your wiki quote does not catch, everytime this has impacts in the future.
In third place, it is extremly important not to get lost in poor comparisions such as the one you propose. A fairly accurate macroeconomic analysis of Argentina would let you know that the debt burden is far away of being in “a good position”: since 2010, debt payments have contribute to a coming back of fiscal and current account deficit, both typical features of neoliberal times in the country. This has several negative impacts for the working population, in the form of devaluation and inflation, as ways to gain competitiveness and financing deficits.