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Fink: Capital Markets Strengthen Democracy by Giving Citizens a Stake | BlackRock - News and Statistics
In his annual chairman’s letter, BlackRock CEO Larry Fink argued that capital markets strengthen democracy by giving citizens a tangible stake in their nation’s future. He highlighted the growth of global capital markets to nearly $300 trillion, which encourages long-term investing as a “civic miracle” that finances economic growth and individual retirement. Fink cited his parents’ experiences as an example of how modest investments can lead to comfortable retirements while contributing to national development.