The CEO of the largest asset management company in the world warns of a dollar collapse.. ! ⚠️
Larry Fink - the CEO of BlackRock - warned that the US dollar may lose its status as a global reserve currency due to increasing economic problems in the United States, along with the growing interest in digital currencies, such as Bitcoin, which he confirmed investors consider a safe haven compared to traditional currencies!
In his annual speech to BlackRock investors - which this year was titled "The Democratization of Investing" - Larry Fink emphasized that the dollar's status as a global currency is not guaranteed forever, noting that the rising US debt (which has exceeded $35 trillion) and massive government spending could weaken confidence in the dollar, and he explained that rising debt alongside increasing interest rates could lead to a permanent budget deficit by 2030, posing a threat to the stability of the US economy. 💸 #USGovernment #news #tech #BTC #crypto