Top Market Visionaries Warn of Major Economic Risks in Next Decade

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Economy News

Economic Risks,Labor Shortages,Pandemics

Three leading market experts highlight looming economic risks, including labor shortages, potential pandemics, and deglobalization, in a Bloomberg article.

Bloomberg recently published an article highlighting major economic risks facing the world due to the ongoing war in Ukraine, escalating inflation, and rising costs of fuel and essential goods. The piece featured insights from three prominent market experts on the significant risks anticipated in the next five to ten years.

Abby Joseph Cohen, former Goldman Sachs strategist and current Columbia University professor, expressed concern over labor shortages and insufficient skills development among the future workforce. Sam Bankman-Fried, CEO of FTX, warned about the potential for a more severe pandemic causing greater devastation than the current one. Ken Moelis, founder and CEO of Moelis & Co., predicted a trend towards deglobalization as nations focus more on self-sufficiency in food and energy

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