Scott Bessent, candidate for U. S. Secretary of the Treasury for President-elect Donald Trump.

Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as a recession, if it was a depression.

Besse, in other observations of decrease, also described it as the maximum unbalanced economy in the global, where the army gets first and where the government seeks to export reasonable products to the rest of the global as a means to maintain the expansion afloat.