Bloomberg has highlighted the pressing economic challenges that the world faces due to ongoing geopolitical tensions, inflation, and commodity price hikes. The piece features insights from three notable market experts on the looming risks over the next decade. Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, emphasizes the critical need for investment in future education and workforce development.
Sam Bankman-Fried, CEO of FTX, expresses concern about the potential for another, more severe pandemic due to inadequate preparedness. Lastly, Ken Moelis, founder of Moelis & Co., warns of a shift towards deglobalization, where nations prioritize self-sufficiency in food and energy, potentially leading to harsh economic outcomes
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