Bloomberg has recently published a piece on the significant economic risks facing the world amid the ongoing conflict in Ukraine, increasing inflation, and escalating costs of fuel and essential commodities. The article delves into the perspectives of three market experts on what they consider as “the next big risk” for the global economy in the next five to ten years. Abby Joseph Cohen, former strategist for Goldman Sachs Group Inc.
and current lecturer at Columbia University, expresses concern over the labor shortage and inadequate skills development among students, who will fill the roles of the world’s future scientists, doctors, engineers, and more. She emphasizes the importance of investing in the future through research, training, and education, and also stresses the need to take better care of workers to ensure their families’ comfort. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, is worried that a more lethal and catastrophic virus might emerge, causing worse outcomes than the impact of the previous pandemic, COVID-19. He points out that we have not learned our lessons from the last pandemic, and without proper systems in place, the next virus outbreak could devastate the economy. Ken Moelis, founder and CEO of Moelis & Co., asserts that the world is moving towards deglobalization, with countries focusing more on self-sufficiency in food and energy. Given the current global landscape, he believes that nations must secure their own resources to avoid dire consequences in case of volatile prices, such as a potential $200 per barrel oil price scenario
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Fuente: BusinessMirror - 🏆 19. / 59 Leer más »
Fuente: BusinessMirror - 🏆 19. / 59 Leer más »