Market Visionaries Discuss Major Economic Risks Ahead

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Economics Berita

Economic Risks,Labor Shortages,Potential Pandemics

Three market experts share their concerns about future economic risks, including labor shortages, potential pandemics, and deglobalization trends.

Bloomberg recently published an article discussing the major economic risks facing the world, including the war in Ukraine, soaring inflation, and rising costs of fuel and basic commodities. The article features insights from three market visionaries on the next significant risk for the world in the next five to 10 years. Abby Joseph Cohen, formerly a strategist at Goldman Sachs Group Inc.

and now a professor at Columbia University, is concerned about the shortage of skilled labor and inadequate skills development among students. Cohen emphasizes the need for investment in research, training, and education to ensure a comfortable future for workers and their families. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the potential for a more deadly and devastating virus to emerge, causing far worse consequences than the current pandemic. He argues that without learning from the past, the world will be unprepared for future outbreaks. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, with nations focusing more on self-sufficiency in food and energy. He warns that without adequate preparation, the rising costs of oil and gas could lead to dire consequences for unprepared nations

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