BlackRock CEO: US$36 trillion in national debt could 'crush' the economy

At the 2025 Forbes Conference, Larry Fink, CEO of BlackRock, the world's largest asset management company, warned that the United States will "drown" in debt unless ways are found to stimulate and develop the economy. Fink noted that the US national debt has grown from $8 trillion in 2000 to $36 trillion currently, with the upcoming tax bill expected to add another $2.3-2.4 trillion. He emphasized that the US will face a serious crisis if it cannot achieve an actual growth rate of 3% annually. Despite the dire situation, Fink proposed solutions, including releasing more private capital, simplifying permit procedures, rebuilding infrastructure, and addressing the anticipated shortage of 50,000 electricians. He stated that the foundation for growth still exists, but if the US continues to hover around 2% economic growth, the national debt will ultimately crush the country. (The Daily Hodl)