Until now I hadn't spent much time trying to understand how the situation in Greece had reached such an obviously dire level. I'd tried, but financial matters beyond a certain point go right over my noggin. I tried once again, this time by Google-searching "Greek crisis for dummies", and among responses found this at the Quora website:
How do you explain the Greek crisis to a layman. What is this crisis all about?
It's clever analogy written by one Evan Colvin, who is a student majoring in economics. He personalises Greece in order to tell his story in terms that ordinary people, like me, can relate to and understand. The comments following his piece help to clarify any remaining queries about metaphors and analogies used. If, like me, you're in the dark on this topic I'd highly recommend a look at Evan Colvin's explanation.
Following the tradition of reason and empirical inquiry, the West bounds forward to conquer the world; the East, prodded by frightening subconscious forces, likewise darts forward to conquer the world. Greece is placed in the middle; it is the world's geographical and spiritual crossroads.
-- Nikos Kazantzakis, from Report To Greco