Greece: How People Are Dealing With the Financial Crisis

This afternoon, credit ratings agency S&P cut Greece's long-term credit rating to "CCC-" from "CCC," saying that the probability of Greece exiting the eurozone is now about 50 percent. Douglas Elliott, a fellow in Economic Studies at the Brookings Institution, said he’s not surprised by the photos that show Greeks waiting in long lines to take their money out of banks. “People would certainly rather be safe than sorry in such an uncertain environment,” Elliott