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BlackRock CEO Fink Warns: Halting Data Center Construction Will Lead to US Recession, Sounds Alarm on $40 Trillion National Debt
BlackRock CEO Larry Fink stated in a CNBC interview on Wednesday that a halt in data center construction in the U.S. would lead to a recession. He noted that the U.S. economy is heavily reliant on AI-related data center capital expenditures. Fink also warned about the ballooning U.S. national debt, which has grown from $8 trillion in 2000 to $40 trillion in 2026, having a significant impact on credit demand.
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