BlackRock CEO Warns: $36 Trillion U.S. National Debt May "Crush" the Economy
BlackRock CEO Larry Fink issued a warning at the 2025 Forbes Summit, stating that the United States will be "drowning" in debt unless ways to stimulate and develop the economy are found. Fink pointed out that U.S. national debt has grown from $8 trillion in 2000 to $36 trillion now, and the upcoming tax bill is expected to add another $2.3-2.4 trillion. He emphasized that if the U.S. cannot achieve a real growth rate of 3% annually, it will face a severe crisis. Despite the grim situation, Fink proposed solutions, including unleashing more private capital, streamlining permitting processes, rebuilding infrastructure, and addressing the anticipated shortage of 500,000 electricians. He stated that the foundation for growth still exists, but if the U.S. continues to hover around 2% economic growth, the national debt will eventually overwhelm the country.
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