Debt Avalanche Ahead: BlackRock CEO Sounds the Alarm on U.S. Economy Larry Fink, CEO of BlackRock, has issued a dire warning about the U.S. debt crisis, stating it’s more urgent now than ever. Fink emphasized that neither taxes nor spending cuts alone could solve the problem, likening the potential future to Japan’s economic stagnation in the late ’90s. He highlighted the danger of rising debt servicing costs, making it tough to combat inflation. Fink calls for economic growth through infrastructure investments, particularly in energy, to avoid a looming debt catastrophe. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Gold Hits Record $2,400 as Middle East Tensions Heighten READ MORE Goldman Anticipates Bank of Japan Finally Ending Negative Rates READ MORE African Nations Turn to Precious Metal to Combat Inflation READ MORE A Special Invitation: Join Me at the Limitless Expo READ MORE Add a Comment Cancel replyYour email address will not be published.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