Bloomberg has recently published an article discussing the significant economic risks facing the world due to the ongoing war in Ukraine, high inflation, and rising fuel and basic commodity prices. The article features insights from three market experts, Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, on potential risks over the next five to ten years. Cohen highlights concerns about labor shortages and inadequate skills development among young people.
Bankman-Fried warns of a more lethal virus potentially causing worse economic impacts than the current pandemic. Moelis predicts a trend towards deglobalization, with nations prioritizing self-sufficiency in food and energy
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