To save Europe from itself, Greece should leave the euro

The eurozone is caught in a nightmare. A Grexit would wake the continent up.

Greek flag with "no" written on it
(Image credit: AP Photo/Daniel Ochoa de Olza)

This Sunday, the Greek people will finally face a decisive choice, yay or nay, to stay in the eurozone. In the humble opinion of this writer, the Greeks should reject Europe's terms, ditch the euro, and take their chances restarting their own currency.

I'm certainly not the first or the smartest person to recommend this course. But there's an extra wrinkle to add: Along with its own self-preservation, Greece should do it for the sake of its fellow European nations, since a Grexit might just shock Europe out of its crazed economic murder-suicide pact.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.