Bloomberg has published an article on the major economic risks facing the world in the wake of the war in Ukraine, high inflation, and rising costs of fuel and basic goods. The article features the insights of three prominent market thinkers on 'the next big risk' for the world over the next five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current Columbia University professor, is concerned about the labor shortage and inadequate skills development among students who will become the next generation of scientists, doctors, engineers, and more. Cohen emphasizes the importance of investing in the future through research, training, and education, and ensuring workers' families are comfortable. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, fears the emergence of a more deadly and destructive virus, potentially causing greater harm than the effects of the previous pandemic. He notes that we have not learned from the last pandemic, and are likely unprepared for the next one, lacking the necessary systems to protect our people and economy. Ken Moelis, founder and CEO of Moelis & Co., warns of a trend towards deglobalization, with nations focusing inward to ensure they have enough resources for their own populations. With ongoing global issues, every nation must secure control over their food and energy supplies, or face severe consequences when the price of oil and gas soars
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three Market Visionaries Warn of Global RisksBloomberg article highlights potential future threats facing the world, featuring insights from three experts. Abby Joseph Cohen emphasizes the need for skilled labor and investment in education, Sam Bankman-Fried warns of a more devastating pandemic, and Ken Moelis predicts increasing deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Three Market Visionaries Outline the Top Global Risks for the Next DecadeBloomberg highlights the concerns of three prominent figures about the major economic threats facing the world. These include labor shortages, the potential for a more deadly pandemic, and the rise of deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Three Market Visionaries Discuss the Next Big Risks Facing the WorldBloomberg highlights the perspectives of Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis on the upcoming economic and health risks including labor shortages, potential pandemics, and global deglobalization trends.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Global Economic Risks: Market Visionaries Sound the AlarmBloomberg explores the looming economic threats facing the world, featuring insights from three prominent figures on the most significant risks for the next decade. Concerns range from labor shortages and inadequate skills development to the possibility of a devastating pandemic and the rise of deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Bloomberg: Top Market Visionaries Identify World's Biggest RisksBloomberg's recent article explores major economic threats facing the globe, highlighting three market experts' predictions for the next decade. Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis each identify potential crises, ranging from labor shortages and pandemics to rising deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Global Market Visionaries Sound the Alarm on Emerging RisksBloomberg explores the looming economic threats facing the world, highlighting the perspectives of three prominent market figures on the most significant risks in the next decade. Abby Joseph Cohen foresees a labor shortage and skills gap, emphasizing the need for investment in education and worker well-being. Sam Bankman-Fried warns of a potentially more catastrophic pandemic, stressing the importance of pandemic preparedness. Ken Moelis anticipates deglobalization, where nations prioritize self-sufficiency in food and energy security.
Source: BusinessMirror - 🏆 19. / 59 Read more »