Bloomberg recently published a piece on the looming economic risks for the world amidst the Ukraine war, soaring inflation, and rising fuel and basic commodity prices. The article highlights concerns of three market visionaries about the 'next big risk' in the next five to 10 years. Abby Joseph Cohen, a former Goldman Sachs strategist now teaching at Columbia University, is worried about labor shortages and inadequate skills development among young people.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears a more deadly virus could cause worse consequences than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., warns of deglobalization, with nations focusing on self-sufficiency in food and energy to avoid economic fallout
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The Next Big Risks: Market Visionaries Sound the AlarmBloomberg has published a piece highlighting the significant economic risks facing the world due to the ongoing war in Ukraine, soaring inflation, and escalating fuel and basic commodity prices. The article features insights from three prominent market visionaries who discuss potential risks over the next five to ten years. Abby Joseph Cohen, former strategist at Goldman Sachs and current Columbia University professor, emphasizes the critical need for investment in education and workforce development amidst concerns over labor shortages and inadequate skills.
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