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German Budget

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about German Budget, every show

20VC 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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