Bloomberg recently published an analysis highlighting significant economic risks facing the world due to the ongoing conflict in Ukraine, high inflation, and increasing fuel and commodity prices. The article features insights from three leading market experts who discuss their concerns about the next major risks in the coming five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current professor at Columbia University, emphasizes the need for addressing labor shortages and enhancing skills development among young professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the possibility of a more deadly virus outbreak that could cause even worse disruptions than the COVID-19 pandemic. Ken Moelis, founder and CEO of Moelis & Co., expresses his worry about deglobalization, suggesting that nations might prioritize their own well-being over international cooperation, leading to potential economic instability
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