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New York Sun: Return of the drachma?

Section: Daily Dispatches

From the New York Sun
Monday, February 9, 2015

A Greek exit from the euro is looking more likely to the economist David Malpass, according to the latest cable from the sage of Encima Global. ...

We can't wait. ...

Greece may present us for the first time since the introduction of the euro a crisis of legal tender. ...

The drachma apparently started as iron and moved, at its apogee, to gold and silver, much like the dollar at its apogee. We understand what a long-shot it is, but our own view is that the exit of Greece from the euro represents an opportunity to re-establish the glory of Greece on the back of an honest drachma.

... For the complete commentary:

http://www.nysun.com/editorials/return-of-the-drachma/89036/



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