Market Experts Warn of Future Economic Risks: Labor Shortages, Pandemics, and Deglobalization

Bloomberg recently published a piece on the big economic risks that are looming ahead for the world in the face of the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The write-up featured the thoughts of three market visionaries on “the next big risk” for the world in the next five to 10 years.

Abby Joseph Cohen, ex-strategist for Goldman Sachs Group Inc. who is currently teaching at Columbia University, is worried about the shortage of labor and the inadequate skills development of students—young people who will be the world’s future scientists, doctors, engineers, and so on. Cohen believes it is important to invest in the future and to take care of workers so that their families are more comfortable.

The CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, is concerned that a deadlier and more devastating virus will be unleashed into the world and cause far worse consequences than what Covid did to us. It is obvious, he said, that we did not learn our lessons after the last pandemic. And so when the next one hits us, it’s likely that we will not have put in place the systems that we need to protect our people and our economy.

The founder and CEO of Moelis & Co., Ken Moelis, believes that the world is heading towards deglobalization, or the tendency of nations to look within and make sure they have enough for their own people. With everything that’s happening around the world today, every nation needs to make sure that they have control over their own food and energy, he says. Otherwise, when the price of oil and gas hits $200, for instance, there may be dire consequences for the unprepared nations.

It is apparent that we should always be looking at future risks and listening to the wisdom of economic experts such as the economic resource persons above, especially now that the new government is just starting its work and lining up the country’s new leaders and new projects for the next six years.I would like to invite everyone to our art exhibit that is opening on August 6, 2022, at 4:00 p.m.

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Top Market Experts Warn of Future Global RisksBloomberg highlights three major economic risks facing the world in the coming years, as identified by leading market experts. Labor shortages, inadequate skills development, pandemics, and rising deglobalization are the concerns.
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Leading Market Experts Warn of Future Economic RisksBloomberg highlights the concerns of three market visionaries regarding significant economic risks in the coming years, including labor shortages, potential virus outbreaks, and increased nationalism.
مصدر: BusinessMirror - 🏆 19. / 59 اقرأ أكثر »

Market Experts Warn of Future Economic RisksThree leading market visionaries share their concerns about looming economic risks in the next five to ten years, including labor shortages, viral pandemics, and deglobalization trends.
مصدر: BusinessMirror - 🏆 19. / 59 اقرأ أكثر »

Leading Market Experts Warn on Future Economic DangersThree prominent market visionaries have highlighted significant economic risks for the world in the next five to ten years, including labor shortages, potential pandemics, and deglobalization trends.
مصدر: BusinessMirror - 🏆 19. / 59 اقرأ أكثر »

Market Experts Warn on Future Economic Dangers in Bloomberg ReportThree prominent market visionaries, Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, share their concerns about looming economic risks including workforce shortages, potential pandemics, and deglobalization in a recent Bloomberg article.
مصدر: BusinessMirror - 🏆 19. / 59 اقرأ أكثر »