Bloomberg highlights the concerns of three market visionaries regarding potential economic risks in the next five to ten years, including labor shortages, a more devastating virus, and the trend towards deglobalization.
Bloomberg has recently published an article discussing the significant economic risks facing the world due to the ongoing war in Ukraine, rising inflation, and increasing prices of fuel and basic commodities. The piece highlights the perspectives of three market experts on potential future risks. Abby Joseph Cohen, a former strategist at Goldman Sachs and current Columbia University professor, expresses concern over labor shortages and inadequate skills development among young individuals.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns about the possibility of a more lethal virus causing greater devastation than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., fears the trend towards deglobalization, emphasizing the need for nations to ensure self-sufficiency in food and energy
Economic Risks Global Economy Labor Shortages Deglobalization Future Pandemic
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