The Greek Tragedy Unfolds. On a global scale, the Greeks are not doing so badly. They belong to three of the rich world’s most exclusive clubs: the OECD, the European Union, and NATO. Their per capita GDP, while low by west European standards, puts them ahead of places like Hong Kong, Israel and South Korea. Yet the feeling of being victims, manipulated by powerful interests who do not have their best interests at heart, and locked into an economic system that violates some of their most deeply felt values is very real.