Bloomberg recently highlighted the looming economic risks including the war in Ukraine, inflation, and rising fuel prices. Three market visionaries discussed these challenges, with Abby Joseph Cohen emphasizing the importance of addressing labor shortages and skills development among students, advocating for investment in research and education.
Bloomberg recently published a piece on the big economic risks that are looming ahead for the world in the face of the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The write-up featured the thoughts of three market visionaries on “the next big risk” for the world in the next five to 10 years.
Abby Joseph Cohen, ex-strategist for Goldman Sachs Group Inc. who is currently teaching at Columbia University, is worried about the shortage of labor and the inadequate skills development of students—young people who will be the world’s future scientists, doctors, engineers, and so on. Cohen believes it is important to invest in the future and to take care of workers so that their families are more comfortable.
The CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, is concerned that a deadlier and more devastating virus will be unleashed into the world and cause far worse consequences than what Covid did to us. It is obvious, he said, that we did not learn our lessons after the last pandemic. And so when the next one hits us, it’s likely that we will not have put in place the systems that we need to protect our people and our economy.
The founder and CEO of Moelis & Co., Ken Moelis, believes that the world is heading towards deglobalization, or the tendency of nations to look within and make sure they have enough for their own people. With everything that’s happening around the world today, every nation needs to make sure that they have control over their own food and energy, he says. Otherwise, when the price of oil and gas hits $200, for instance, there may be dire consequences for the unprepared nations.
It is apparent that we should always be looking at future risks and listening to the wisdom of economic experts such as the economic resource persons above, especially now that the new government is just starting its work and lining up the country’s new leaders and new projects for the next six years.I would like to invite everyone to our art exhibit that is opening on August 6, 2022, at 4:00 p.m.
Economic Risks Ukraine War Inflation Fuel Prices Labor Shortage
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Economic Risks: Market Visionaries Predict the Next Big ThreatBloomberg explores the looming economic risks facing the world, including the war in Ukraine, soaring inflation, and rising commodity prices. Three prominent market figures share their insights on the most significant risks in the next five to ten years, ranging from labor shortages and pandemics to deglobalization.
Read more »
Market Visionaries Warn of Economic Risks AheadBloomberg has published a piece highlighting the looming economic risks for the world, influenced by the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The article includes insights from three market visionaries, one of whom is Abby Joseph Cohen, who expresses concern over labor shortages and inadequate skills development among students.
Read more »
Market Visionaries Discuss the Next Big Economic RisksBloomberg has published an analysis on the major economic risks facing the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. The article features insights from three market visionaries, focusing on issues such as labor shortages and the need for adequate skills development among students.
Read more »
Experts Warn of Global Economic Risks in the Coming DecadeBloomberg explores potential economic threats facing the world, including labor shortages, pandemics, and deglobalization. Three market experts share their insights on the biggest risks in the next 5-10 years.
Read more »
World Facing Economic Risks Amid Ukraine War, Inflation, and Fuel PricesBloomberg has recently published an article highlighting the major economic challenges the world is confronting due to the ongoing conflict in Ukraine, increasing inflation, and escalating fuel costs. The article includes insights from three prominent market experts who discuss 'the next big risk' for the global economy over the next five to ten years. Abby Joseph Cohen, former strategist at Goldman Sachs and current professor at Columbia University, emphasizes concerns over labor shortages and underdeveloped workforce skills among young people destined for key professional roles.
Read more »
Three Market Visionaries Highlight Major Economic Risks in Coming DecadesBloomberg recently released an article discussing the significant economic challenges facing the globe, including the war in Ukraine, high inflation, and escalating prices of essential goods and fuel. The report includes insights from three prominent market experts on the upcoming major risks for the world over the next five to ten years. Abby Joseph Cohen, a former strategist at Goldman Sachs and current Columbia University faculty member, expresses concern over the labor shortage and insufficient skills development among the youth, emphasizing the need for investment in future research, training, and education, as well as ensuring worker comfort and family well-being.
Read more »