Bloomberg recently published an article discussing the significant economic risks that the world is facing due to the ongoing conflict in Ukraine, escalating inflation, and increasing prices of fuel and essential goods. The piece highlights the perspectives of three prominent market visionaries on “the next big risk” anticipated in the upcoming five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current professor at Columbia University, is particularly concerned about the labor shortage and the insufficient skills development among students. She emphasizes the need to invest in future research, training, and education to ensure better outcomes for future generations of scientists, doctors, engineers, and more. Cohen stresses the importance of supporting workers and their families. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, expresses his worry about the potential outbreak of a more lethal and destructive virus, which could result in even worse consequences than those experienced during the Covid pandemic. He asserts that the world failed to learn from the previous pandemic and, as a result, may be unprepared for future pandemics. Ken Moelis, founder and CEO of Moelis & Co., believes that the world is moving towards deglobalization, with nations becoming more inward-looking and ensuring self-sufficiency. Moelis argues that every nation needs to secure control over its food and energy supplies. He warns that if oil and gas prices reach $200, unprepared nations could face severe repercussions
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Market Visionaries Discuss Upcoming Economic Risks in Face of Global ChallengesBloomberg has published an article discussing the significant economic risks facing the world in the aftermath of the Ukraine war, increased inflation, and escalating costs of fuel and essential goods. The article highlights the views of three notable market experts on the looming threats for the next five to ten years, focusing on labor shortages and insufficient skills development among young professionals.
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Market Visionaries Discuss the Next Big Economic RisksBloomberg has published an analysis on the major economic risks facing the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. The article features insights from three market visionaries, focusing on issues such as labor shortages and the need for adequate skills development among students.
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Market Visionaries Discuss Major Economic Risks for the FutureThree renowned market experts, including Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, weigh in on the looming economic risks facing the world. Their perspectives span from labor shortages and inadequate skills development to the potential outbreak of a more lethal virus and the trend toward deglobalization.
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Three Market Visionaries Predict the Next Big Risks for the Global EconomyBloomberg's recent article examines the perspectives of three leading market experts on the looming economic risks to the global economy, including labor shortages, potential pandemics, and the trend towards deglobalization.
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