Bloomberg has published an article addressing significant economic risks facing the world due to the ongoing war in Ukraine, rising inflation, and escalating fuel and basic commodity prices. The article includes insights from three market visionaries about the 'next big risk' over the next five to ten years. Abby Joseph Cohen, previously a strategist at Goldman Sachs Group Inc.
and now a professor at Columbia University, expresses concern over labor shortages and inadequate skills development among students, emphasizing the need for investment in future research, training, and education. Sam Bankman-Fried, CEO of FTX, warns of the potential for a more lethal virus to emerge, potentially causing greater disruption than the pandemic caused by COVID-19. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, with nations focusing more on self-sufficiency in food and energy
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