Bloomberg recently published a piece discussing the major economic risks facing the world, including the war in Ukraine, high inflation, and rising fuel and basic commodity prices. The article featured insights from three leading market experts on the upcoming risks in the next five to 10 years. Abby Joseph Cohen, former strategist at Goldman Sachs and current Columbia University professor, is concerned about labor shortages and inadequate skills development among students.
Sam Bankman-Fried, CEO of FTX, fears a more deadly virus could emerge, causing greater disruption than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., warns of deglobalization, where nations prioritize self-sufficiency in food and energy, potentially leading to dire consequences if unprepared
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