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flag BlackRock's CEO warns rising debt is driving investors to gold and crypto amid fears of currency collapse, though the U.S. remains a top investment choice.

flag BlackRock CEO Larry Fink said rising global debt is pushing investors toward gold and cryptocurrencies—what he calls "assets of fear"—due to concerns about currency devaluation and financial instability. flag Speaking at a Riyadh summit, he highlighted growing skepticism toward major currencies and government debt, noting the U.S. relies on foreign buyers for 30% to 35% of its Treasury sales, a key vulnerability. flag Despite shifts toward alternative assets, Fink said the U.S. remains the top global investment destination, with most international investors planning to maintain overweight positions over the next 18 months. flag He suggested unlocking private capital could help boost U.S. growth to 3%.

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