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What’s going on in Greece?

posted by Jason Kottke   Jun 29, 2015

Socrates once wrote, “He is richest who is content with the least.” Even the great Greek philosopher would be feeling a little too rich today in Greece where citizens, greeted by news that the nation’s banks would be closed for the week, lined up at ATMs and employed the Socratic method with the repetition of the question: “Where the hell’s my money?” And if you’ve taken a look at your stock portfolio, there’s a decent chance you’ve asked your broker the same question. Here’s an overview of the Greek economic crisis from NYT Upshot, and the latest updates from BBC.

This global economy stuff is all Greek to me. If you’re feeling the same, you might appreciate Quartz’s guide to everything you need to know about this unfolding Greek tragedy, Mashable’s list of the five things you need to know about the meltdown, and Felix Salmon’s helpful explainer.

Michael Lewis explains the Greek financial crisis by comparing it to a Berkeley pedestrian.

He simply wants to stress to you, and perhaps even himself, that he occupies the high ground. In doing so, he happens to increase the likelihood that he will wind up in the back of an ambulance.