Bloomberg recently published an article discussing the significant economic risks that the world is facing due to the ongoing conflict in Ukraine, escalating inflation, and increasing prices of fuel and essential goods. The piece highlights the perspectives of three prominent market visionaries on “the next big risk” anticipated in the upcoming five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current professor at Columbia University, is particularly concerned about the labor shortage and the insufficient skills development among students. She emphasizes the need to invest in future research, training, and education to ensure better outcomes for future generations of scientists, doctors, engineers, and more. Cohen stresses the importance of supporting workers and their families. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, expresses his worry about the potential outbreak of a more lethal and destructive virus, which could result in even worse consequences than those experienced during the Covid pandemic. He asserts that the world failed to learn from the previous pandemic and, as a result, may be unprepared for future pandemics. Ken Moelis, founder and CEO of Moelis & Co., believes that the world is moving towards deglobalization, with nations becoming more inward-looking and ensuring self-sufficiency. Moelis argues that every nation needs to secure control over its food and energy supplies. He warns that if oil and gas prices reach $200, unprepared nations could face severe repercussions
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Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »