Market Visionaries Warn on Economic Risks Ahead

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 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.

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.

It is apparent that we should always be looking at future risks and listening to the wisdom of economic experts such as the economic resource persons above, especially now that the new government is just starting its work and lining up the country’s new leaders and new projects for the next six years.I would like to invite everyone to our art exhibit that is opening on August 6, 2022, at 4:00 p.m.

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 Future Economic RisksBloomberg recently highlighted major economic risks facing the world, including the war in Ukraine, high inflation, and rising fuel and basic commodity prices. Three leading market experts shared their concerns about the 'next big risk,' focusing on labor shortages and inadequate skills development among future professionals.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn of Global Economic RisksBloomberg article highlights the potential threats facing the world economy, featuring insights from three experts.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn About Economic Risks AheadBloomberg has published an article highlighting major economic risks that the world faces due to the ongoing war in Ukraine, rising inflation, and increasing fuel and commodity prices. The article includes insights from three market experts discussing potential future risks and the importance of investing in education and workforce development.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn of Economic Risks in the Face of Global ChallengesBloomberg recently highlighted major economic risks facing the world due to the Ukraine war, inflation, and rising fuel and commodity prices. The article includes insights from three market visionaries, focusing on the labor shortage and skills development issues as critical future concerns.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn About Economic Risks Amid Global ChallengesBloomberg recently published an article highlighting the significant economic risks facing the world, including the war in Ukraine, high inflation, and rising fuel and basic commodity prices. The article features insights from three market visionaries discussing the 'next big risk' for the world over the next five to 10 years.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Market Visionaries Warn of Economic Risks in the Next DecadeBloomberg has recently highlighted significant economic risks facing the world due to the ongoing conflict in Ukraine, high inflation, and increasing fuel and commodity prices. The article focuses on insights from three market experts regarding the 'next big risk' and features Abby Joseph Cohen from Columbia University, who expresses concern over labor shortages and inadequate skills development among young people.
Source: BusinessMirror - 🏆 19. / 59 Read more »