Bloomberg has published a piece on the significant economic risks emerging as a result of the ongoing war in Ukraine, high inflation, and increasing costs of fuel and basic goods. The article highlights the perspectives of three market experts on what they consider to be the biggest risk facing the world over the next five to ten years.
Abby Joseph Cohen, once a strategist at Goldman Sachs and now a professor at Columbia University, expresses concerns over labor shortages and suboptimal skills development among young people destined for careers in science, medicine, engineering, and other critical fields. Cohen advocates for substantial investment in education and research and emphasizes the importance of worker well-being. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the outbreak of a more lethal and destructive virus, potentially causing greater devastation than the impact of the recent pandemic. He argues that lessons learned from the last pandemic have not been effectively applied, leading to a possible lack of preparedness for future outbreaks. Ken Moelis, the founder and CEO of Moelis & Co., sees the world moving towards deglobalization, with nations increasingly focused on self-sufficiency in food and energy. He warns that unprepared countries could face severe consequences if oil and gas prices soar to $200 per barrel
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Three Market Experts Discuss Major Economic Risks in the Next DecadeBloomberg's recent publication outlines the major economic risks anticipated by three leading market experts over the next five to ten years. Their concerns range from labor shortages and insufficient workforce development to the potential for a more severe global pandemic and a shift towards deglobalization.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »
Market Visionaries Discuss Major Economic Risks for the FutureThree renowned market experts, including Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, weigh in on the looming economic risks facing the world. Their perspectives span from labor shortages and inadequate skills development to the potential outbreak of a more lethal virus and the trend toward deglobalization.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »
Market Experts Warn of Major Economic Risks in the Next DecadeBloomberg discusses looming economic risks, including labor shortages, the potential for a more deadly pandemic, and deglobalization trends, as highlighted by three market visionaries: Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »
Market Experts Foresee Major Global Risks in the Next DecadeBloomberg highlights the concerns of three prominent figures about the future. Abby Joseph Cohen warns of a labor shortage and insufficient skills development among young people. Sam Bankman-Fried fears a more lethal pandemic due to unlearned lessons from Covid-19. Ken Moelis predicts a rise in deglobalization as nations prioritize self-sufficiency.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »
Market Experts Warn of Major Economic Risks in Next DecadeThree leading market visionaries discuss looming economic perils, including labor shortages, pandemic preparedness, and deglobalization, as the world grapples with conflicts, inflation, and rising commodity prices.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »