Bloomberg has published an article discussing the significant economic risks facing the world as a result of the ongoing conflict in Ukraine, escalating inflation, and the increasing costs of fuel and essential goods. The article highlights the perspectives of three leading market experts on the impending threats over the next five to ten years. Abby Joseph Cohen, formerly a strategist at Goldman Sachs Group Inc.
and now a professor at Columbia University, is concerned about the labor shortage and insufficient skills training for future generations of professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the potential outbreak of a more severe and destructive virus that could cause more significant global disruptions than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., predicts that nations are moving towards deglobalization, prioritizing self-sufficiency in food and energy to withstand global economic volatility
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