Bloomberg recently published an article on the significant economic risks facing the world due to the ongoing conflict in Ukraine, rising inflation, and increasing prices of fuel and basic commodities. The piece highlighted the views of three market visionaries on the pressing issues that could shape the world over the next five to ten years. Abby Joseph Cohen, former strategist for Goldman Sachs Group Inc.
and current professor at Columbia University, emphasized the concern over labor shortages and inadequate skills development among young people. Cohen stressed the importance of investing in the future through research, training, and education, and ensuring worker comfort. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warned about the potential for a more severe virus outbreak, suggesting that the world is not adequately prepared for another pandemic. He highlighted the need to establish effective systems to prevent future outbreaks from becoming pandemics. Ken Moelis, founder and CEO of Moelis & Co., argued that the world is moving towards deglobalization, with nations focusing on self-sufficiency in food and energy. Moelis pointed out that the rising cost of oil and gas could have severe consequences for countries that are not prepared
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Market Visionaries Warn of Economic Risks Amid Global ChallengesBloomberg highlights the looming economic risks such as the war in Ukraine, inflation, and rising fuel and commodity prices. Three market visionaries discuss 'the next big risk' for the world in the coming years, focusing on labor shortages and inadequate skills development among students.
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The Next Big Risks: Market Visionaries Warn of Economic Challenges AheadBloomberg published an article discussing significant economic risks facing the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. The article highlights the concerns of three market visionaries, focusing on labor shortages and inadequate skills development as critical issues identified by Abby Joseph Cohen, former strategist of Goldman Sachs and current Columbia University professor.
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Market Visionaries Warn on Future Economic Risks Including Labor ShortagesBloomberg published a piece highlighting major economic risks for the world, including the war in Ukraine, inflation, and fuel prices. Three market experts discuss the looming threats, with Abby Joseph Cohen focusing on the future labor market and skills development issues.
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