Bloomberg has recently published an article highlighting the major economic risks the world might face in the coming years due to the war in Ukraine, high inflation, and increasing prices of fuel and basic commodities. The article includes insights from three market experts who are concerned about different looming risks.
Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, emphasizes the need for investment in future human capital, including proper education and training for the future workforce. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the potential for a more deadly virus to emerge, stressing the importance of learning from past pandemics and improving our response systems. Ken Moelis, founder and CEO of Moelis & Co., expresses concerns about the world moving towards deglobalization, with nations prioritizing self-sufficiency in food and energy production
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