How do you pay for military, how do you pay for anything else? You start to understand how you get very quickly that Government spending starts getting around 31, 32% of the entire economy. And that's actually calculated on last year's interest rates. Think what those numbers will be over the next few months when we update them on what happens if the interest rate environment goes back to normal. (22:51–22:57)
CLAIM
Asserts that government spending could reach 31-32% of the economy.
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