Argentina is dealing with a complicated legal quagmire that they have been led to by the capital destructive policies of the Kirchner administration.

1957Argentina's_flagLast night on CNBC Asia I addressed the issue of technical default and what it means for investors in emerging market debt, Argentina specifically and then the potential implications for spillover into the asset class.

Argentine equities have had a monster run in the last year as default risks and election changes have bene driers of optimism. Here is your Emerging Money Argentina basket:

This is basket that gives you direct exposure to the banks in (Banco Macro, and BBVA Banco Frances) while also a steady consumer play in Telecom Argentina, global pipe manufacturer in Tenaris, energy play in Pampla, and internet/tech play in Mercado Libre.

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