(Newser)
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Want to strike fear into the hearts of European bankers? Throw around the term "grexit." It's slang invented by Citigroup referring to Greece's euro exit, and it's part of a growing lexicon of weird terms surrounding the eurozone crisis, the Wall Street Journal reports. Other key terms to know:
- Guero—A Deutsche Bank invention, referring to a parallel currency Greece could create while remaining nominally part of the eurozone. How is it pronounced? "Very good question," its creator says. "I'd say 'gh-euro.'"
- Neuro/sudo—terms, coined by ex-Barclays CEO Martin Taylor, referring to hypothetical currencies that could be created by splitting the euro into a stronger northern currency (neuro) and weaker southern one (sudo).
- Drachmail—the idea that Greece is using the threat of returning to the drachma to blackmail Europe.
- Eurogeddon—self explanatory.
