Bloomberg highlights concerns from market visionaries about future economic risks, including labor shortages, the possibility of a more devastating pandemic, and the trend towards deglobalization.
Bloomberg recently published a piece on looming economic risks for the world due to the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The article 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 and current Columbia University professor, is concerned about labor shortages and inadequate skills development for future professionals.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, is worried about a more devastating virus outbreak. Ken Moelis, founder and CEO of Moelis & Co., believes in the deglobalization trend due to increasing national control over food and energy resources
Economic Risks War In Ukraine Inflation Labor Shortages Pandemics Deglobalization Cryptocurrency Food Security Energy Resources
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