Experience Stern | News & Events

Excerpt from VICE -- "Greek economist Nicholas Economides, a professor at the Stern School of Business in New York, said leaving the Eurozone would have as severe consequences as the 1919-1922 Greco-Turkish war. 'We're talking about an enormous bank run as a result, no confidence in the new currency, poverty much worse than we've already seen, lack of basic items such as medicine and petrol,' ... Nobel Laureate Thomas J. Sargent, the summit's keynote speaker, told VICE News Greece was a key factor in what would happen next with Europe's single currency. 'Greece is right at the center of destiny of the Euro, not whether it survives but what it will look like as it survives,' he said."

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