Market Experts Warn of Upcoming Economic Risks, Including Labor Shortages and Health Crises

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Economy أخبار

Economic Risks,Labor Shortages,Health Crises

Three leading market experts warn of impending economic risks, including labor shortages, potential pandemics, and global deglobalization trends.

Bloomberg recently published an analysis discussing major economic risks facing the world due to the war in Ukraine, high inflation, and increased costs of fuel and basic goods. The article highlights the perspectives of three leading market experts on the upcoming risks over the next five to ten years.

Abby Joseph Cohen, formerly a strategist at Goldman Sachs and currently a professor at Columbia University, expresses concern over the labor shortage and insufficient skills development among students who will become the future workforce of scientists, doctors, engineers, and more. Cohen emphasizes the need to invest in research, training, and education, as well as providing better support for workers and their families. Sam Bankman-Fried, CEO of FTX, worries about the potential outbreak of a more lethal virus that could cause even greater devastation than the current pandemic. He argues that the lack of preparedness after the last pandemic means that nations are not ready for another major health crisis. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend of deglobalization, with nations focusing more on self-sufficiency regarding food and energy supplies to avoid being unprepared for future crises such as soaring oil and gas prices

 

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