Bloomberg published a recent piece addressing significant economic risks facing the world due to the war in Ukraine, inflation, and the rising costs of fuel and basic commodities. The article includes insights from three market visionaries who discuss the major risks to the global economy over the next five to ten years.
Abby Joseph Cohen, a former strategist at Goldman Sachs now teaching at Columbia University, is concerned about the labor shortage and inadequate skills development among students. Sam Bankman-Fried, CEO of FTX, is worried about a more severe viral outbreak with worse consequences than the COVID-19 pandemic. Ken Moelis, founder and CEO of Moelis & Co., believes the world is moving towards deglobalization, which could lead to dire consequences for unprepared nations
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