Bloomberg has published a piece discussing the significant economic risks facing the world due to the ongoing war in Ukraine, high inflation, and the rising costs of fuel and essential goods. Three market experts shared their perspectives on the 'next big risk' over the next five to ten years. Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University faculty member, expresses concern over the labor shortage and inadequate education for future professionals.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears a more severe virus could devastate the world. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, emphasizing national self-sufficiency in food and energy to mitigate future economic crises
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