Market Visionaries Warn of Global Economic Risks

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 nation

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 in the Coming DecadeBloomberg features insights from three prominent figures on the biggest threats facing the world in the next 5-10 years. Concerns range from labor shortages and skills gaps to the potential for a devastating pandemic and the rise of deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »

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 »

Three Market Visionaries Warn of Global RisksBloomberg article highlights potential future threats facing the world, featuring insights from three experts. Abby Joseph Cohen emphasizes the need for skilled labor and investment in education, Sam Bankman-Fried warns of a more devastating pandemic, and Ken Moelis predicts increasing deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn of Top Risks Facing the WorldBloomberg features insights from three influential figures on the most pressing global threats in the coming decade. Abby Joseph Cohen highlights the danger of labor shortages and inadequate skills development, emphasizing the need for investment in education and worker well-being. Sam Bankman-Fried expresses concern over a potential deadlier pandemic, urging for preparedness and preventative measures. Ken Moelis predicts a rise in deglobalization, as nations prioritize self-sufficiency in food and energy.
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 »