Three Market Experts on the Next Big Risks for the World

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Economy أخبار

Economic Risks,Labor Shortages,Potential Virus Outbreak

Bloomberg discusses the looming economic risks, including labor shortages, potential virus outbreaks, and deglobalization, as highlighted by three market visionaries.

Bloomberg recently published an article highlighting the significant economic risks facing the world due to the ongoing war in Ukraine, soaring inflation, and escalating fuel and commodity prices. The article focuses on the insights of three prominent market experts regarding the next big risk over the next five to ten years. Abby Joseph Cohen, previously with Goldman Sachs Group Inc.

and now teaching at Columbia University, expresses concerns about labor shortages and inadequate skills development among younger generations. Cohen emphasizes the importance of investing in the future, including research, training, and education, as well as ensuring workers' families are comfortable. Sam Bankman-Fried, CEO of the cryptocurrency exchange FTX, is worried about the potential for a more deadly virus outbreak that could cause even greater damage than the current pandemic. He believes that despite the recent pandemic, we have not learned the necessary lessons, and proper systems need to be in place to prevent future pandemics. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, where nations prioritize self-sufficiency in food and energy to protect against economic instability

 

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