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

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Economic Risks,Labor Shortages,Pandemics

Three market experts discuss looming economic risks including labor shortages, potential pandemics, and the trend of deglobalization, as published by Bloomberg. Their insights highlight the importance of investing in future skills, preparing for health crises, and ensuring national self-sufficiency in critical resources.

Bloomberg has published an article on the looming economic risks for the world, including the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The piece highlights the views of three market visionaries regarding the next big risk for the world in the next five to ten years.

Abby Joseph Cohen, former strategist for Goldman Sachs and current Columbia University teacher, is concerned about labor shortages and inadequate skills development for future professionals. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears a more devastating virus could cause worse economic and societal damage than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., warns of deglobalization and the potential for dire consequences if nations are unprepared for future crises, particularly in food and energy

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