The founder and leader of the world’s biggest asset management firm thinks a global financial crisis is on the horizon. Larry Fink and BlackRock manage over 6 trillion dollars in assets and he thinks the rising US debt along a combination of climbing interest rates and inflation could spell disaster in the near future.
Fink spoke at the Bloomberg New Economy Forum in Singapore and said that the great growth the stock market has experienced could soon slow down and cause a ripple of economic issues.
“If the economy does slip because
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