… wrap up in the history of countries, no country's ever come back economically that its debts above its gdp. And we are now at that, at that space. In additional, No nation, a national security has ever survived as a major power when the interest payments on their debt go above what they pay for national security. at a trillion dollars we are now over. Our national security right now is $1 trillion. And we are, I think at about a trillion two to a trillion four in interest payments alone. (53:27–53:39)
CLAIM
Asserts that no major power has survived when debt interest payments exceed national security spending.
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