'Grexodus' Might Be More Accurate Than 'Grexit'

'Grexodus' Might Be More Accurate Than 'Grexit'

In recent years, the term “Grexit” has become firmly embedded in financial market jargon. The term has come to refer to the possibility that Greece might be forced to leave the Eurozone and to abandon the use of the Euro as its currency. While not wishing to question the high probability that Greece will be forced out of the Euro well before year-end, it would seem worth asking whether “Grexit” is the most appropriate word for that eventuality. This is especially the case when the word “Grexodus” might better convey that notion.

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