After nine years of economic boom, Argentina again teeters on its own fiscal cliff. Yet the one continuing bright spot in the country¹s economy is its wine industry, which has record sales abroad based on high quality wine at remarkably modest prices. According to the Wines of Argentina, sales of the country’s malbec, the dominant varietal here, grew by double digits worldwide from 2004 through 2011, while the number of cases exported to the U.S. more than doubled from 2007 through 2012. At a time when the global market is glutted, Argentina is the world’s fifth largest wine producer.