Bloomberg has recently released an article discussing significant economic risks facing the world due to the war in Ukraine, rising inflation, and increased prices of fuel and basic commodities. The article includes insights from three market visionaries about the impending risks over the next five to ten years. Abby Joseph Cohen, former strategist at Goldman Sachs Group Inc.
and current educator at Columbia University, expresses concerns about the labor shortage and the insufficient skills development of the future workforce. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, highlights the potential for a more dangerous virus to emerge, posing greater threats than those seen during the Covid pandemic. Lastly, Ken Moelis, founder and CEO of Moelis & Co., warns of the world’s shift towards deglobalization, emphasizing the need for nations to ensure self-sufficiency in essential areas like food and energy
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