Bloomberg (June 11)
2011/ 06/ 12 by jd in Global News
CEO Laurence Fink of BlackRock, the world’s largest asset manager with assets of $3.65 trillion, said the U.S. will grow more slowly (2-3% a year) than the global economy (3-5%) for most of a decade. “We will have modest growth for five to 10 years…. If we cut our deficits, I may be wrong, and they [growth figures] might be lower.”
Tags: BlackRock, Deficits, Fink, Global growth, U.S. growth
