BlackRock’s Larry Fink Warns of U.S. Recession Trigger, Sounds Alarm Over $40 Trillion Debt
Key Highlights: Data center capital expenditure is projected to drive massive economic activity, with U.S. spending estimated between $2.4 trillion and $2.48 trillion through 2030, and global outlays reaching $7 trillion. Mounting economic headwinds, including sticky inflation, escalating bond yields, and a projected $40 trillion national debt, threaten to strain the broader economy and dampen ...