BlackRock’s Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
Summary
BlackRock chief executive Larry Fink warns that halting the construction of new data centers could push the American economy into a recession. Additionally, he expressed serious concern regarding the mounting national debt, which has now reached forty trillion dollars.
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.
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