Bloomberg has published an article discussing the significant economic risks facing the world, including the ongoing war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The article highlights the perspectives of three market visionaries on potential major risks over the next five to ten years.
Abby Joseph Cohen, former strategist at Goldman Sachs and current Columbia University professor, is concerned about the labor shortage and inadequate skills development among students who will become future professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the release of a more lethal virus that could cause greater devastation than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., anticipates a trend of deglobalization with nations focusing more on self-sufficiency in food and energy
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