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BlackRock's Fink Warns U.S. Shouldn't Be Fighting Its Creditors

Larry Fink
Larry FinkPhotographer: Justin Chin/Bloomberg

BlackRock Inc. Chief Executive Officer Larry Fink issued a stark warning to U.S. President Donald Trump: don’t fight your creditors.

Fink said a gaping fiscal deficit will depend on the U.S. economy holding up. Without solid growth, the U.S. will end up with more debt and a higher risk premium.