Three Market Visionaries Highlight Major Economic Risks in Coming Decades

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 89 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 59%

Economy Nachrichten

Economic Risks,Labor Shortage,Skills Development

Bloomberg recently released an article discussing the significant economic challenges facing the globe, including the war in Ukraine, high inflation, and escalating prices of essential goods and fuel. The report includes insights from three prominent market experts on the upcoming major risks for the world over the next five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs and current Columbia University faculty member, expresses concern over the labor shortage and insufficient skills development among the youth, emphasizing the need for investment in future research, training, and education, as well as ensuring worker comfort and family well-being.

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.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 19. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Three Market Visionaries Discuss the Next Big Risks Facing the WorldBloomberg highlights the perspectives of Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis on the upcoming economic and health risks including labor shortages, potential pandemics, and global deglobalization trends.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

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.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

Three Market Visionaries Outline the Top Global Risks for the Next DecadeBloomberg highlights the concerns of three prominent figures about the major economic threats facing the world. These include labor shortages, the potential for a more deadly pandemic, and the rise of deglobalization.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

Three Market Visionaries Address 'The Next Big Risk' for the WorldBloomberg discusses the insights of three prominent market thinkers on major economic risks in the coming years, including labor shortages, pandemics, and deglobalization.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

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.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

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.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »