The U.S. Deficit Will ‘Overwhelm This Country’: BlackRock CEO Larry Fink.
Larry Fink, CEO of BlackRock, discussed the U.S. deficit with Greg Fleming at the Forbes Iconoclast Summit. He highlighted that the deficit surged from $8 trillion over 223 years to $36 trillion in 25 years, stressing the necessity for 3% annual economic growth to avoid dire fiscal consequences.