Bloomberg has published an article on the significant economic risks facing the world due to the war in Ukraine, rising inflation, and increasing prices of fuel and basic commodities. The article includes insights from three market visionaries on potential future risks.
Abby Joseph Cohen, a former strategist at Goldman Sachs and now a professor at Columbia University, expresses concern over labor shortages and the inadequate skills development of students, advocating for investment in education and worker well-being. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the emergence of a more devastating virus, highlighting the need for improved pandemic preparedness. Ken Moelis, founder and CEO of Moelis & Co., warns of deglobalization, suggesting nations may prioritize self-sufficiency in food and energy, fearing dire consequences from a global economic crisis
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