Looser regulation would allow business-led growth to relieve the 'massive' deficit burden, BlackRock chief Larry Fink says
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Larry Fink, CEO of BlackRock, argues that looser regulation is necessary for business-led growth to relieve the 'massive' deficit burden in the US. Fink believes that the private sector must be unrestrained and lead growth to lower the debt burden. He warns that the rising deficit trend in the US is unaffordable and will burden future generations. Fink suggests that growth opportunities in digitization and decarbonization can help alleviate the debt problem, but the government needs to loosen regulation and give businesses greater reign. He does not endorse either presidential candidate as the solution to the deficit issue, but emphasizes the need for regulatory relief.

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https://www.businessinsider.com/us-deficit-debt-crisis-regulation-business-trump-biden-fink-7