Bloomberg recently published an article on the significant economic risks facing the world due to the war in Ukraine, rising inflation, and escalating costs of fuel and basic necessities. The article includes insights from three notable market experts on potential upcoming risks within the next five to ten years.
Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, expresses concern over the shortage of skilled labor and inadequate education for future professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, is worried about the emergence of a more lethal virus that could cause even greater devastation than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., anticipates a trend towards deglobalization as nations prioritize self-sufficiency in essential resources
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