Bloomberg recently published an article highlighting the major economic risks facing the world due to the ongoing war in Ukraine, surging inflation, and rising fuel and commodity prices. The piece features insights from three prominent market experts who shared their perspectives on the most significant threats to the global economy 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.
Economy Risk Inflation Ukraine War Globalization
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 Sound Alarm on Future Economic RisksA recent Bloomberg article highlights major economic risks facing the world, including war in Ukraine, soaring inflation, and rising fuel and commodity prices. Three market experts share their concerns about the biggest threats looming in the next five to 10 years.
Read more »
World Leaders Sound Alarm on Future RisksBloomberg recently published a piece exploring major economic risks facing the world. Three market experts shared their concerns about potential threats over the next five to ten years, including labor shortages, pandemics, and deglobalization.
Read more »
The church and retired military sound the alarm: What'll come next?AGAINST the announced threat of the Duterte family to swamp the 2025 senatorial elections with its own dynastic candidates, Vice President Sara Duterte has announced she has no plans to run for president in 2028.
Read more »
Global Risks: Experts Sound the Alarm on Future ThreatsBloomberg recently published an article discussing the major economic risks facing the world, including soaring inflation, rising commodity prices, and the war in Ukraine. Three market experts shared their insights on the most significant threats looming in the next five to ten years.
Read more »
Market Visionaries Sound Alarm on Big Economic RisksBloomberg highlights potential global economic threats like labor shortages, pandemics, and deglobalization. Experts share their insights on these looming risks.
Read more »
Experts Sound Alarm on Major Economic Risks for the Next DecadeA recent Bloomberg article highlights the growing economic threats facing the world, including labor shortages, potential pandemics, and deglobalization. Three market visionaries share their insights on the most pressing risks for the next five to ten years.
Read more »