{"id":15295,"date":"2026-01-21T04:54:27","date_gmt":"2026-01-21T04:54:27","guid":{"rendered":"https:\/\/tomfarandasfolly.com\/?p=15295"},"modified":"2026-01-21T04:54:52","modified_gmt":"2026-01-21T04:54:52","slug":"cnbc-interview-with-sec-bessent-in-davos","status":"publish","type":"post","link":"https:\/\/tomfarandasfolly.com\/?p=15295","title":{"rendered":"CNBC interview with Sec. Bessent in Davos."},"content":{"rendered":"\n<p>Good thing he&#8217;s Treasury Secretary. Very worth watching the whole interview. Killler line at about 2 minutes &#8211; &#8220;Since 1980 the US has spent 22 trillion dollars more on defense than the entire rest of NATO has.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Watch CNBC&#039;s full interview with Treasury Secretary Scott Bessent\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/GWVPVEJahYk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Good thing he&#8217;s Treasury Secretary. Very worth watching the whole interview. Killler line at about 2 minutes &#8211; &#8220;Since 1980 the US has spent 22 trillion dollars more on defense than the entire rest of NATO has.&#8221;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,18,9],"tags":[],"class_list":["post-15295","post","type-post","status-publish","format-standard","hentry","category-economics-and-politics","category-international-stuff","category-investing-and-business"],"_links":{"self":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15295"}],"version-history":[{"count":1,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15295\/revisions"}],"predecessor-version":[{"id":15296,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15295\/revisions\/15296"}],"wp:attachment":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}