Market Visionaries Warn of Upcoming Economic Risks in Bloomberg Article

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ECONOMICS Noticias

War In Ukraine,Inflation,Labor Shortage

Bloomberg highlights the thoughts of three leading market experts on the looming economic challenges the world faces, including labor shortages, potential pandemics, and the trend towards deglobalization.

Bloomberg recently published an article discussing the significant economic risks facing the world due to the war in Ukraine, rising inflation, and increased costs of fuel and essential goods. The article includes insights from three prominent market experts on the “next big risk” for the world over the next five to ten years.

Abby Joseph Cohen, formerly a strategist at Goldman Sachs and now a professor at Columbia University, expresses concern over the labor shortage and the underdevelopment of students' skills. Cohen emphasizes the importance of investing in future research, training, and education to ensure better conditions for workers and their families. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns of the potential for a more lethal virus to emerge, causing even greater devastation than the current pandemic. He suggests that lessons learned from previous pandemics have not been applied, leaving nations unprepared for future outbreaks. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend of deglobalization as nations focus on self-sufficiency in food and energy to mitigate the impacts of rising prices, such as oil and gas reaching $200

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