Bloomberg has highlighted several looming economic risks including the war in Ukraine, high inflation, and rising fuel and commodity prices. The article spotlights insights from three market experts focusing on 'the next big risk.' Abby Joseph Cohen, a former Goldman Sachs strategist and current Columbia University professor, emphasizes concerns over labor shortages and the need for better student skill development for future professionals.
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 Abby Joseph Cohen Labor Shortages Skill Development
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.
Bloomberg Warns of Upcoming Economic Risks Amid Global ChallengesBloomberg has highlighted significant economic risks facing the world due to the Ukraine war, inflation, and rising fuel and commodity prices. The article includes insights from three market visionaries, focusing on issues like labor shortages and inadequate skills development among the youth.
Read more »
Bloomberg Warns About Upcoming Economic Risks Amid Global ChallengesBloomberg highlights the significant economic risks such as the war in Ukraine, soaring inflation, and rising fuel and commodity prices. The piece features insights from three market visionaries on the upcoming five to ten years, focusing on labor shortages, inadequate skills development, and the need for future investments in education and worker welfare.
Read more »
Market Visionaries Warn of Upcoming Global Risks in Bloomberg ReportBloomberg published an article discussing significant economic risks facing the world in the next five to ten years, as analyzed by three market visionaries. They warn of looming labor shortages, potential catastrophic viral outbreaks, and increasing geopolitical tensions leading to deglobalization.
Read more »
Bloomberg Warns of Upcoming Global Economic RisksBloomberg highlights looming economic risks for the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. Three market visionaries discuss their concerns over the next five to ten years, with Abby Joseph Cohen particularly worried about labor shortages and inadequate skills development among students.
Read more »
Bloomberg Discusses Major Economic Risks in the Next DecadeBloomberg has published an article highlighting the significant economic risks facing the world due to the ongoing war in Ukraine, high inflation, and rising fuel and basic commodity prices. The article includes insights from three market experts who discuss the upcoming challenges, particularly focusing on labor shortages and inadequate skills development among students as a critical issue.
Read more »
Three Market Visionaries Discuss Upcoming Economic Risks in BloombergBloomberg highlights the views of market experts on the looming economic risks including labor shortages, potential virus outbreaks, and the trend towards deglobalization.
Read more »