Larry Fink of BlackRock urges government and private sector coordination to address retirement savings crisis.

Sharing is Caring!

BlackRock, which had over $10 trillion in total assets under management at the end of last year, oversees the largest retirement funds in the U.S.

Read more: https://t.co/PAWap6GET3

— unusual_whales (@unusual_whales) March 29, 2024

With the debt-to-GDP rising to the point where it was during World War II, the cost of Social Security will likely become a topic of discussion over the coming decade: https://t.co/BuRLTQ5FIH

— Reef Insights (@ReefInsights) March 28, 2024

See also The combination of the Fed's rate cuts and a drop in RRP usage could set the stage for liquidity strains, potentially leading to another repo crisis similar to what happened in 2019.

See also Canada isn’t in a recession; it’s in a depression, facing high unemployment, stagnant wages, and housing crisis.