A recent Bloomberg article highlights the potential economic risks facing the world, including labor shortages, pandemics, and deglobalization. Three market visionaries, Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, share their concerns about the future.
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.
Global Risks Economy Labor Shortage Pandemic Deglobalization
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.
Experts Warn of Looming Global Risks: From Pandemics to DeglobalizationBloomberg highlights major economic threats facing the world, including war in Ukraine, inflation, and resource price hikes. Three market visionaries share their concerns: labor shortages, a deadlier pandemic, and rising deglobalization.
Read more »
Experts Warn of Looming Global Risks: Labor Shortage, Pandemic 2.0, and DeglobalizationBloomberg highlights major economic risks facing the world, including labor shortages, a potential deadlier pandemic, and rising deglobalization. Three experts – Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis – discuss these threats and emphasize the need for investment in education, preparedness, and self-sufficiency.
Read more »
Experts Warn Of Looming Global Risks: Labor Shortages, Pandemics And DeglobalizationBloomberg recently published an article highlighting major economic risks facing the world due to the war in Ukraine, soaring inflation, and rising fuel and commodity prices. The piece features insights from three market experts who discuss the “next big risk” for the next five to ten years.
Read more »
Experts Warn of Looming Global Risks From Labor Shortages to PandemicsBloomberg recently published an article highlighting major economic risks facing the world due to the war in Ukraine, inflation, and rising commodity prices. Three prominent market visionaries shared their insights on the most pressing global threats over the next five to ten years.
Read more »
Experts Warn Of Looming Global Risks From Pandemic To DeglobalizationBloomberg recently published an article highlighting major global risks, including a potential pandemic, deglobalization, labor shortages, and rising commodity prices. Three experts shared their concerns about the future.
Read more »
Experts Warn of Global Risks Looming AheadBloomberg features insights from three prominent figures – Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis – who discuss the most significant global risks expected in the next five to ten years. Their concerns range from labor shortages and inadequate skills development to a potentially deadlier pandemic and the rise of deglobalization.
Read more »