Bloomberg has recently published an analysis on the significant economic risks the world is facing due to the war in Ukraine, rising inflation, and increasing fuel and basic commodity prices. The piece includes insights from three leading market visionaries who identify potential future risks.
Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, expresses concern over labor shortages and inadequate skills development among students, emphasizing the need for investment in education and worker support. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the potential for a more deadly virus outbreak, suggesting the world failed to learn from the COVID-19 pandemic and is unprepared for future health crises. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, with nations focusing on self-sufficiency in food and energy to avoid economic vulnerabilities in times of crisis
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