Greece – let’s call it what it is: a beautiful country with some horrible systemic problems. If you’ve been living under or behind a human-sized rock for the last few years, Greece is in the midst of a huge, solidarity-threatening fiscal crisis related to the fact that they have a debt much larger than their GDP- in 2011 those numbers are estimated at 354.7 Billion Euros of debt, or 161.8% of their GDP. Those are some hefty ratios for a sovereign entity to be carrying around – the equivalent of $161,800 of debt for someone making $100,000.

Greek has worked itself into a situation which is quickly coming to a conclusion. Greece pretty much has two options: either (when I say Greece, I mean the people of Greece – the aforementioned referendum was canceled) accept austerity measures handed down from the rest of the European Union nations, or leave the Eurozone, default on their debt, and bring back the drachma. Neither is very enticing: the first isn’t guaranteed to work (think: it might just keep Greece on life support until the next crisis), and the second, defaulting on debt, is never a fun situation since foreign investment will quickly run dry.