So when Gap reported glumly a few weeks ago that after a strong November, December same-store sales had softened (Gap North America comps down 8% year-over-year, others not so bad) the stock got even more depressed.
Convinced that money can be used to trick those who use it to exchange real wealth, Morici and many others think a devalued drachma will make Greek products cheaper such that the country can export its way out of its depressed state.