Bloomberg has highlighted significant economic risks facing the world due to the ongoing war in Ukraine, rising inflation, and escalating costs of fuel and basic goods. The article includes insights from three market experts discussing the next major global risk over the next five to ten years.
Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, emphasizes the need for investment in future research, training, and education, alongside improved labor conditions. Sam Bankman-Fried, CEO of FTX, warns of the potential for a more lethal virus to cause even greater damage than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, with nations prioritizing domestic self-sufficiency in food and energy
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