Greece is well-known as the birthplace of Western civilization. This small country developed the basis of western-style democracy, philosophy, architecture and literature. Fast forward 4000 years and the glory that was Greece is rapidly imploding. Greece, a member of The European Union, owes The International Monetary Fund $1.73 billion. The economy of Greece has been on a downward spiral for a number of years, and the Greek government has decided to hold a national referendum to choose what course of action the country should take.