How much as a % of GDP the world had spent on non-climate related needs?

How much as a % of GDP the world had spent on non-climate related needs?

Excerpts  from The Time Magazine Double Issue Jan 31 / Feb 7, 2022 by BY YUVAL NOAH HARARI

"Politicians are actually very skilled at shifting 2% of resources from here to there. It is what they do all the time.

The difference between the policies of right-wing and left-wing parties often amount to a few percentage points of GDP.

When faced by a major crisis, politicians swiftly shift far more resources to fight it. For example, in 1945, the U.S. spent about 36% of its GDP on winning the Second World War."

" During the 2008–09 financial crisis, the U.S. government spent about 3.5% of GDP to save financial institutions deemed “too big to fail.”

"In just the first nine months of 2020, governments around the world announced stimulus measures worth nearly 14% of global GDP to deal with the COVID-19 pandemic"

"Pension funds hold about $56 trillion USD. "global GDP is now about $85 trillion USD"

What is the point of having a pension if you don’t have a future?"

AYMAN AL-JUREIDINI