Leading Market Experts Warn of Upcoming Economic Risks

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Economy News

Economic Risks,War In Ukraine,Inflation

Market visionaries including Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis predict significant economic and societal risks over the next decade, ranging from labor shortages to global pandemics and deglobalization.

Bloomberg has published an article highlighting the significant economic risks facing the world due to the ongoing war in Ukraine, rising inflation, and escalating fuel and basic commodity prices. The article includes insights from three leading market experts regarding their concerns for the next five to ten years.

Abby Joseph Cohen, formerly a strategist at Goldman Sachs and now a professor at Columbia University, is concerned about the labor shortage and insufficient skills development among students. Cohen emphasizes the importance of investing in the future and ensuring workers' comfort. Sam Bankman-Fried, CEO of FTX, warns about the potential outbreak of a more lethal virus that could cause greater devastation than the current pandemic. Ken Moelis, CEO of Moelis & Co., foresees a trend towards deglobalization, with nations prioritizing self-sufficiency in food and energy

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