A recent Bloomberg article explores major economic threats facing the world, including the war in Ukraine, inflation, and rising commodity prices. Three prominent figures share their insights on the most significant risks over the next five to ten years.
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 Inflation Deglobalization Pandemic Preparedness 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.
Experts Weigh In: Top Economic Risks Facing the WorldBloomberg published an article highlighting major economic risks facing the world, including the war in Ukraine, soaring inflation, and rising fuel and commodity prices. Three market visionaries shared their insights on the most significant risk over the next five to ten years.
Read more »
Experts Weigh In on Top Economic Risks for the Next DecadeA recent Bloomberg article explores the looming economic risks facing the world, citing perspectives from three market visionaries. Abby Joseph Cohen warns about labor shortages and skills gaps, while Sam Bankman-Fried fears a more devastating pandemic. Ken Moelis predicts deglobalization as nations prioritize self-sufficiency.
Read more »
Experts Weigh In On The Next Big Economic Risks Facing The WorldBloomberg gathers insights from leading economists on the most significant threats to global stability in the next decade. From labor shortages and pandemic preparedness to deglobalization and rising energy prices, experts highlight pressing issues that demand urgent attention.
Read more »
Experts Weigh In On The Biggest Economic Risks Facing The WorldBloomberg recently published an article highlighting major economic risks facing the world due to the war in Ukraine, inflation, and rising fuel and commodity prices. Three market experts shared their perspectives on the most significant risk for the next five to ten years.
Read more »
Experts Weigh In On The Biggest Economic Risks Looming AheadA recent Bloomberg piece highlights the major economic threats facing the world, featuring insights from three prominent figures on the most pressing risks for the next five to ten years. From labor shortages and skills gaps to pandemics and deglobalization, these experts paint a complex picture of the challenges ahead.
Read more »
Experts Outline Top Economic Risks Facing the WorldBloomberg recently published an article highlighting major economic risks looming globally due to factors such as the war in Ukraine, soaring inflation, and rising fuel and commodity prices. The piece features insights from three prominent market visionaries on the most significant threats facing the world over the next five to ten years.
Read more »