greece
Anti-austerity 'No' voters celebrate the results of the first exit polls in front of the Greek parliament in Syntagma Square in Athens, Sunday, July 5, 2015. Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum. Reuters/Yannis Behrakis

If the economic news of the day has you saying, "It's all Greek to me," we're here to help. We understand that, as busy people in a busy world, you might not have time to follow all of the news coming out of Europe. And, even if you are following along, some background might be useful to make sense of what's happening. As such, we've pulled together five videos from around the Web to get you up to speed on what's going on in Europe.

But first, let's recap: On Sunday, Greeks voted against a referendum asking them to endorse severe austerity measures in exchange for a financial bailout from their wealthier European neighbors. Prime Minister Alexis Tsipras asked for and got a no vote, defying the continent's bankers and politicians. Since Sunday's vote, Greece's finance minister resigned and was replaced, and world markets started freaking out. The European Commission vice president suggested that the Greek vote was illegal and the leaders of France and Germany huddled in Paris to discuss their next move.

Now that you're up to speed, check out these videos that explain the ins and outs of the ongoing crisis.

1. The European Debt Crisis Visualized

This video is from early 2014, but does a great job explaining how this mess got started and the basic financial transactions involved. The video discusses not just the Greek situation, but also how the euro has affected the economies of Italy, Spain, Portugal and Ireland over the past several years.

2. The 5 Key Players In the Greek Financial Crisis

Short and to the point, this video will help you keep the important players straight. While some of them -- such as Germany's Angela Merkel -- are likely familiar, some -- like the European Central Bank President Mario Draghi -- are less known.

3. Consider Greece and Europe as a Dinner Party ...

If food analogies work for you, this video by Vox's Matt Yglesias explains why the Greek crisis is problematic well beyond the country's borders. This video also has a good primer on what countries typically do to stem economic crises -- and why that's not an option for Greece.

4. Stocks Drop Amid Greece Bank Fears

Featuring none other than CNBC's Jim Cramer, this video from NBC's "Today" show suggests that U.S. investors don't have as much to worry about. In fact, it might be a good time to invest, according to Cramer. But Greece isn't Puerto Rico, which might be a problem for the U.S. markets, which so far haven't moved in the wake of Greece's vote.

5. Will Greece and Puerto Rico Hurt Your Wallet?

The Washington Post's Steven Mufson sounds off on the comparison of Greece and Puerto Rico. Mufson's discussion on what exactly a default is and how it plays out are good to know.

Now this situation is extremely fluid, but at least now you won't confuse Tsipras and tzatzki.