BlackRock's Larry Fink Sounds Alarm on America's Mounting Debt Crisis Larry Fink, CEO of BlackRock, the world’s largest asset manager, has issued a dire warning about the United States’ escalating national debt, now exceeding $34 trillion. Echoing concerns raised by Jamie Dimon and Jerome Powell, Fink emphasizes the urgency of the situation, likening potential outcomes to Japan’s economic stagnation during its ‘lost decade.’ He highlights the peril of assuming that investors will indefinitely support the U.S.’s growing fiscal deficit. Additionally, Fink points out the danger of the recent rise in U.S. Treasury yields to 4%, a result of inflation expectations and the Federal Reserve’s aggressive rate hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Record Gold Prices Fuel Modern-Day Gold Rush READ MORE Gold and Silver Set to Soar? Impact of Interest Rate Cuts Explained | Tavi Costa & Alan Hibbard READ MORE Latest Inflation Data Shows Fed Has More Work to Do READ MORE December Sees Surge in U.S. Private Sector Jobs, Exceeding Forecasts READ MORE Trump's Potential Return: Morgan Stanley Predicts Interest Rate Shakeup READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment