What percentage of Czechoslovakia's basic production income came from war material?
Over 80 percent of Czechoslovakia's basic production income comes from war material, including tanks, guns, and rockets. The figure was stated as approximate. Shutting off such sales would wreck the nation's economy. Arms flow to the Middle East, where oil money funds constant purchases.
Les is teaching from Zechariah 14 about the day of the Lord and the battle of Armageddon, when Christ returns. He points out that the world is funneling arms, rockets, and warfare materiel into the Middle East, and that this is good economics. As an illustration, he says he read that Czechoslovakia, a small Eastern European nation, gets over 80 percent, if he remembers right, of its basic production income from war material—tanks, guns, rockets, and the like. He observes that if any nation suddenly stopped buying that material, it would wreck the seller's economy. He suggests America may have a similar dependence on defense contracts. He notes that only the Middle East has the money to buy it all, due to oil money, so there is a constant flow of war material from all nations to the Middle East. Yet he concludes there is more to it than economics: the sovereign God is still in control.