Bloomberg has published an analysis on the significant economic risks the world faces as a result of ongoing conflicts, high inflation rates, and escalating costs of essential goods and fuel. The article includes insights from three prominent market experts on their forecasts for the global economic landscape over the next five to ten years.
Abby Joseph Cohen, formerly a strategist at Goldman Sachs and now a Columbia University professor, highlights her concerns over labor shortages and insufficient education for future technological and medical professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns of a potential future pandemic that could surpass the impact of the current one due to inadequate global preparedness. Ken Moelis, founder and CEO of Moelis & Co., forecasts a trend towards deglobalization, emphasizing the necessity for nations to ensure self-sufficiency in critical areas such as food and energy
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