Bloomberg recently published a piece on the looming economic risks for the world amidst the Ukraine war, soaring inflation, and rising fuel and basic commodity prices. The article highlights concerns of three market visionaries about the 'next big risk' in the next five to 10 years. Abby Joseph Cohen, a former Goldman Sachs strategist now teaching at Columbia University, is worried about labor shortages and inadequate skills development among young people.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears a more deadly virus could cause worse consequences than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., warns of deglobalization, with nations focusing on self-sufficiency in food and energy to avoid economic fallout
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