Bloomberg has published an article highlighting the looming economic risks for the world in the context of the war in Ukraine, soaring inflation, and rising fuel and basic commodity prices. The piece features insights from three market visionaries who discuss their concerns for the next five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current professor at Columbia University, expresses worry about the labor shortage and inadequate skills development among students. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, is concerned about the potential outbreak of a more deadly virus that could cause worse consequences than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., believes the world is moving towards deglobalization, with nations focusing more on self-sufficiency in food and energy
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