Bloomberg has recently published an article discussing the significant economic risks facing the world due to the ongoing conflict in Ukraine, soaring inflation, and the increasing prices of fuel and basic commodities. The article highlights the concerns of three leading market experts over the next five to ten years.
Abby Joseph Cohen, a former Goldman Sachs strategist and current professor at Columbia University, emphasizes the potential labor shortage and inadequate education for the next generation. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the possibility of a more severe pandemic. Ken Moelis, founder and CEO of Moelis & Co., foresees a trend towards deglobalization, with nations focusing on self-sufficiency in food and energy