Market Visionaries Warn of Global Risks in the Coming Decade

Bloomberg recently published a piece on the big economic risks that are looming ahead for the world in the face of the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The write-up featured the thoughts of three market visionaries on “the next big risk” for the world in the next five to 10 years. Abby Joseph Cohen, ex-strategist for Goldman Sachs Group Inc.

who is currently teaching at Columbia University, is worried about the shortage of labor and the inadequate skills development of students—young people who will be the world’s future scientists, doctors, engineers, and so on. Cohen believes it is important to invest in the future (in terms of research, training, education, etc.) and to take care of workers so that their families are more comfortable. The CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, is concerned that a deadlier and more devastating virus will be unleashed into the world and cause far worse consequences than what Covid did to us. It is obvious, he said, that we did not learn our lessons after the last pandemic. And so when the next one hits us, it’s likely that we will not have put in place the systems that we need to protect our people and our economy. Ideally, systems should be such that outbreaks do not have to turn into pandemics. The founder and CEO of Moelis & Co., Ken Moelis, believes that the world is heading towards deglobalization, or the tendency of nations to look within and make sure they have enough for their own people. With everything that’s happening around the world today, every nation needs to make sure that they have control over their own food and energy, he says. Otherwise, when the price of oil and gas hits $200, for instance, there may be dire consequences for the unprepared nations

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market Visionaries Warn of Global Risks: From Labor Shortages to PandemicsBloomberg interviewed three market experts about the biggest threats facing the world in the next decade. Their concerns range from a potential lack of skilled workers to the looming threat of a deadly new virus and the increasing trend of deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Sound the Alarm on Emerging Global RisksA Bloomberg article highlights the economic risks facing the world, including the war in Ukraine, inflation, and rising commodity prices. Three market experts share their perspectives on the most significant threats to the global economy in the next decade.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Weigh In On Global RisksBloomberg explores potential economic threats facing the world, featuring insights from three prominent figures on the most significant risks for the future.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Global Market Visionaries Sound the Alarm on Emerging RisksBloomberg explores the looming economic threats facing the world, highlighting the perspectives of three prominent market figures on the most significant risks in the next decade. Abby Joseph Cohen foresees a labor shortage and skills gap, emphasizing the need for investment in education and worker well-being. Sam Bankman-Fried warns of a potentially more catastrophic pandemic, stressing the importance of pandemic preparedness. Ken Moelis anticipates deglobalization, where nations prioritize self-sufficiency in food and energy security.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Weigh In on the Biggest Global Risks of the Next DecadeBloomberg explores the looming economic threats facing the world, highlighting concerns from three prominent figures about labor shortages, pandemics, and deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Foresee Global Risks: From Pandemics to DeglobalizationBloomberg spoke to three prominent figures about the biggest threats facing the world in the coming years. Their predictions range from labor shortages and inadequate skills development to the potential for a more devastating pandemic and the rise of deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »