BlackRock CEO: The U.S. debt crisis is approaching, and a 3% economic growth must be achieved for internal rescue.
Larry Fink, CEO of BlackRock, warned at the Forbes 2025 summit that the United States will "sink" into debt unless ways are found to stimulate and develop the economy. Fink noted that U.S. public debt has risen from $8 trillion in 2000 to $36 trillion now, and the upcoming tax bill is expected to add another $2.3-2.4 trillion. He emphasized that if the United States cannot achieve a real annual growth rate of 3%, it will face a serious crisis. Despite the difficult situation, Fink is still offering solutions, including launching more private capital, streamlining licensing procedures, rebuilding infrastructure, and addressing the expected shortage of 500,000 electricians. He mentioned that the foundation for growth is still present, but if the United States continues to fluctuate around a 2% economic growth, the public debt will eventually press down on this country.