Bloomberg recently published a piece on the looming economic risks for the world due to the ongoing war in Ukraine, soaring inflation, and rising fuel and basic commodity prices. The article highlights the concerns of three market visionaries regarding future economic risks in the next five to ten years. Abby Joseph Cohen, formerly a strategist at Goldman Sachs and now a professor at Columbia University, is worried about labor shortages and inadequate skills development among students.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the outbreak of a more deadly virus that could cause even greater consequences than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., believes the world is moving towards deglobalization, with nations prioritizing self-sufficiency in food and energy
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