
Alan Greenspan Predicts Greek Exit from Eurozone, Doom for the Euro
Over the weekend, former U.S. Federal Reserve chairman Alan Greenspan predicted that Greece will end up leaving the eurozone and that the euro will not long survive its departure.

Over the weekend, former U.S. Federal Reserve chairman Alan Greenspan predicted that Greece will end up leaving the eurozone and that the euro will not long survive its departure.

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It’s far from certain, but the impending Greek crisis rerun during the next month poses a real threat that Greece might have to leave the eurozone and start printing drachmas again, with the result that bankers and politicians are drawing up contingency plans in case it happens.