barryA Greek Euro exit would be even worse than the collapse of Lehman Brothers in 2008, according to international economist Barry Eichengreen (pictured above). Eichengreen, an economic historian at the University of California at Berkeley, said that, in the event of an exit, there would be bank runs; and it would all end with the imposition of severe capital controls.  “In the short run, it would be Lehman Brothers squared.” Eichengreen spoke as part of a panel on the euro crisis at the American Economic Association’s annual meeting. “While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be even more costly and more difficult,” he stated. It wasn’t just Eichengreen who was pessimistic about the euro on the panel. More