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Some say back to the drachma for a Greek reboot

From reuters.com

Mainstream economic thinking may hold that Greece should stay in the euro zone, but there are those who argue that abandoning the single currency will give the cash-strapped and debt-laden country just the boost it needs. Greece's economy is so depressed, they argue, that unless it regains the competitive edge that a massive one-off currency devaluation could offer, it will remain lifeless. Until then, the idea of a euro zone exit - either by accident or design - will keep on returning. Roger Bootle, the founder of London-based markets and economic analysis group Capital Economics, won an economics prize of 250,000 ... (full story)

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