Market Visionaries Warn of Upcoming Risks Including Labor Shortages, Pandemics, and Deglobalization

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Economics Nouvelles

Economic Risks,Labor Shortages,Next Pandemic

Three market experts from Bloomberg warn of significant economic risks including labor shortages, the potential for a more severe pandemic, and the global shift towards deglobalization.

Bloomberg has recently published an article discussing the significant economic risks facing the world due to the war in Ukraine, soaring inflation, and rising costs of fuel and basic commodities. The piece includes insights from three market visionaries regarding the upcoming risks over the next five to ten years.

Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, highlights the shortage of labor and inadequate skills development in preparing the future workforce. Sam Bankman-Fried, CEO of FTX cryptocurrency exchange, expresses concern over a more deadly virus potentially causing greater damage than the impact of COVID-19. Lastly, Ken Moelis, founder and CEO of Moelis & Co., warns about the trend towards deglobalization and the potential consequences for nations unprepared for fluctuating energy and food prices

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