BlackRock CEO Warns of U.S. Economic Deficit Risks

According to PANews, BlackRock CEO Larry Fink has expressed concerns about the United States' economic deficit, identifying it as the greatest risk currently facing the economy. Fink emphasized that if the U.S. economy fails to achieve an average annual growth rate of 3% over the next decade, the fiscal deficit could severely undermine economic stability. While he acknowledged that artificial intelligence is not a bubble, he cautioned that failures in the sector are inevitable. Despite these potential setbacks, Fink highlighted AI as a highly valuable investment opportunity.