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German budget

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 27, 2024 by Klaus Hommels · across every show →

Everything said about German budget, oldest first

Nov 27, 2024 negative
Assertion Partly supported
Hommels: 60% of Germany's 1.4% GDP defense budget goes to salaries and pensions
“Not only didn't we pay two percent but whatever we paid of the 1.4, 60% of that is salaries and pensions. It's not that you buy equipment and become more able to defend yourself.”
Klaus Hommels Nov 27, 2024 ▶ 32:48 Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings
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