05/16/2016
https://www.congress.gov...
"The mandatory spending programs, the pensions in Europe, we call them entitlements here, Dr. Kahn, you said that was 16 percent of Greece's GDP."
"Let us to consider lessons learned first by going back to the history of Greece."
"Can you describe what happens, why it is such a big deal?"
"a deficit projected over about $103 trillion. Talk about unsustainable."