"Not ominous enough? Well, there is the ticking time bomb now being referred to as drachmageddon, or the prospect that Greece will abandon -- or be forced out of -- the eurozone in the near future. European politicians, including British Prime Minister David Cameron, have taken to the airwaves to huff and puff about the apparent wish of Greek voters to possess and simultaneously devour their cake. 'They cannot just vote for saying, 'could people just carry on giving us some money so we do not have to change anything,' Britain's Justice Secretary Kenneth Clarke (a former chancellor of the exchequer) pointedly warned, cautioning the Greeks against the ramifications of electing 'cranky extremists.'
The news on drachmageddon -- or the possibility that the Greeks will wake up one morning this summer to find that the euros in their bank accounts have been swapped back into drachma, their pre-euro currency -- wasn't any better today."
- Suzanne McGee, 'Investors fear end of world as we know it', The Fiscal Times, 24 May 2012.