Fink Warns Soaring US Debt Could Spark Crisis as Economy Teeters

America's "snowballing debt" of $34 trillion puts the country at risk of a crisis like Japan's lost decade per BlackRock's Larry Fink

The 3 percentage point rise in Treasury yields to 4% equals an extra $1 trillion in interest payments over 10 years, which Fink calls "very dangerous"

National debt rising $1 trillion every 100 days, putting upward pressure on consumer prices

Fink joins Dimon, Powell, and others warning of dangers of high debt making it harder to fight inflation

Government spending 22% of GDP is fueling economic growth but risks artificially inflating GDP if spending stays high after recovery