Bloomberg explores major economic threats facing the world, featuring insights from three industry leaders on the next big risk in the coming five to ten years. From labor shortages and inadequate skills development to the potential for a deadlier pandemic and looming deglobalization, experts highlight pressing concerns.
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 Economic Threats Labor Shortages Pandemic Preparedness 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.
World Leaders Weigh In On Top Global RisksBloomberg recently published an article exploring the looming economic risks facing the world. The piece features insights from three prominent figures on the biggest threats to the global landscape in the next five to ten years.
Read more »
World Leaders Weigh In On Biggest Risks Facing Global EconomyBloomberg recently published an article highlighting major economic risks facing the world due to the ongoing war in Ukraine, soaring inflation, and rising fuel and commodity prices. The piece features insights from three prominent market visionaries who shared their perspectives on the most significant threats expected in the next five to ten years.
Read more »
World Leaders Weigh In On The Biggest Risks Facing The Global EconomyA recent Bloomberg article highlights the concerns of three prominent figures about the future of the global economy. Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis discuss potential threats like labor shortages, pandemics, and deglobalization.
Read more »
Experts Weigh In on Top Global Risks for the Next DecadeBloomberg features insights from three prominent figures – Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis – on the most pressing global risks facing the world in the coming years. From labor shortages and technological gaps to pandemics and deglobalization, these experts highlight crucial challenges demanding immediate attention.
Read more »
Experts Weigh In: Top Global Risks Looming Over The Next DecadeBloomberg recently published an article discussing major economic risks facing the world due to the ongoing war in Ukraine, soaring inflation, and rising fuel and commodity prices. Three market visionaries shared their insights on 'the next big risk' for the global economy over the next five to ten years.
Read more »
Experts Weigh In on Top Global Risks for Next DecadeBloomberg recently published an article highlighting major economic risks facing the world due to the war in Ukraine, inflation, and rising commodity prices. Three market visionaries shared their concerns about potential threats over the next five to 10 years.
Read more »