Kirk: Euro debt crisis “warning of what’s to come”

Greece, like many European companies, has been spending as if there is no tomorrow. But tomorrow inevitably arrives.

Barring a bailout, Greece will default on May 19.

On Monday, before, I'd like to add, the violent riots in Greece began, Rep. Mark Kirk (R-Highland Park) and Peter Roskam (R-Wheaton) spoke at the Chicago Board Options Exchange. Kirk, the Republican candidate for the US Senate, cautioned that the Greek collapse could be a "warning of whats to come" for the United States.



Over the next nine years, our government is expected to add $1 trillion of debt annually, which will bring our national debt to 90 percent of our gross domestic product.

But "tomorrow" may came sooner than nine years from now.

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