Greece Prepares For Return to Drachma

The video explores the historical and economic context of the drachma in Athens, contrasting it with the euro. It discusses the potential consequences of Greece exiting the euro, including economic decline and social unrest. The video also touches on the fear of contagion to other European countries and the political deception surrounding the euro. Finally, it highlights the technical challenges of reviving the drachma.

What is the general sentiment among Athenians regarding the euro compared to the drachma?

• They have mixed feelings about both currencies.

• They unanimously prefer the drachma.

• They are indifferent to both currencies.

• They unanimously prefer the euro.

What could be a potential outcome if Greece exits the euro?

• A boost in tourism.

• An increase in foreign investments.

• A decrease in unemployment rates.

• A run on the banks and social unrest.

How might Greece's economy change if it reverts to the drachma?

• It would become more credit-based.

• It would rely more on cash transactions.

• It would see a technological boom.

• It would experience rapid economic growth.

What is a concern for other European countries if Greece exits the euro?

• They will lose their cultural identity.

• They will have to adopt the drachma.

• They might face similar economic challenges.

• They will have to increase their military spending.

What is one of the challenges mentioned in reviving the drachma?

• Insufficient government funding.

• Opposition from the European Union.

• Technical difficulties in producing the currency.

• Lack of public support.