Larry Fink Warns Unchecked US Debt Could Undermine Dollar’s Global Status
BlackRock CEO Larry Fink has cautioned that rising U.S. debt obligations could pose long-term risks to the dollar’s dominance, warning that uncontrolled debt payments may erode confidence in the world’s reserve currency. His remarks come amid growing concerns over the trajectory of U.S. fiscal deficits and interest costs. Fink suggested that if debt servicing costs … Read more