Three market experts have shared their concerns about the upcoming global risks, including labor shortages, the potential for a more deadly virus, and the trend towards deglobalization in an era of rising inflation and fuel prices.
Bloomberg has released an article discussing major economic risks facing the world due to the war in Ukraine, rising inflation, and increased costs of fuel and basic goods. The piece highlights perspectives from three market experts on the most significant global risks likely to emerge in the next 5 to 10 years.
Abby Joseph Cohen, formerly with Goldman Sachs and now a Columbia University professor, emphasizes concerns over labor shortages and insufficient skills development in students, advocating for investments in research and education. Sam Bankman-Fried, CEO of FTX, expresses worries about a more severe pandemic potentially causing greater economic disruptions than the current one, suggesting a lack of preparedness for future health crises. Ken Moelis, founder and CEO of Moelis & Co., warns of increasing deglobalization, with nations prioritizing self-sufficiency in food and energy amidst global uncertainties
Labor Shortages Pandemic Risks Deglobalization Inflation Fuel Prices
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