BlackRock CEO Larry Fink recently published his annual chairman's letter and noted the significance of America's 250th anniversary this year, drawing a parallel to a similar milestone for the modern economy."In July, the United States will celebrate the country's 250th birthday. But 2026 is more than an American celebration," Fink wrote."It's a quirk of history that in 1776, as Thomas Jefferson was drafting the Declaration of Independence in Philadelphia, Adam Smith was publishing ‘The Wealth of Nations' in Scotland – the foundational text of modern economics.""But what began as a coincidence...
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