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Scott Bessent: “2011, Japan was written off as dead and now I think it's one…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Scott Bessent Takes Reporters' Questions At G20 Finance Meeting In Asheville, North Carolina

Published | Video Starts at 28:56

And I think that Japan can sit back and enjoy the benefits of a successful 11, 12, 13 year run that has brought them into, I think an excellent position, global position. 2011, Japan was written off as dead and now I think it's one of the most vibrant economies in the world. and they will, if inflation is 2%, they've succeeded in reflating and now they have to think about the consequences of their success. Thank you. (28:56–29:03)

CLAIM

Asserts that Japan's economy was considered failing in 2011 but is now vibrant.

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