Market Visionaries Warn of Major Economic Risks in Next Decade

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Economics أخبار

Economic Risks,Labor Shortages,Potential Pandemics

Three prominent market experts warn about upcoming major economic risks, including labor shortages, potential pandemics, and deglobalization trends, as highlighted in a recent Bloomberg article.

Bloomberg has published an article discussing the major economic risks facing the world due to the ongoing conflict in Ukraine, high inflation, and rising fuel and commodity prices. The article includes insights from three prominent market experts on the next significant risks in the next five to ten years.

Abby Joseph Cohen, a former Goldman Sachs strategist and current Columbia University professor, expresses concern over labor shortages and inadequate skills development among young people who will become future scientists, doctors, and engineers. Cohen advocates for investment in research, training, and education, and emphasizes the importance of worker welfare. Sam Bankman-Fried, CEO of FTX, is worried about the potential outbreak of a more harmful virus and the failure to implement effective preventive measures. He highlights the need for better systems to prevent outbreaks from turning into pandemics. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, where nations will prioritize self-sufficiency in food and energy to avoid the dire consequences of unpreparedness in times of crisis

 

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