Bloomberg recently published a piece on the looming economic risks for the world due to the ongoing war in Ukraine, soaring inflation, and rising costs of fuel and basic commodities. The article features insights from three market visionaries discussing the next big risks for the next five to ten years. Abby Joseph Cohen, a former strategist for Goldman Sachs and current Columbia University teacher, is concerned about labor shortages and inadequate skills development among students.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, worries about the potential of a more devastating virus causing greater harm than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., believes that the world is moving towards deglobalization as nations prioritize their own resources
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