The age of megathreats

Nouriel Roubini  |  Roubini Macro Associates  |  05 November 2022

A variety of megathreats is imperilling our future – not just our jobs, incomes, wealth, and the global economy, but also the relative peace, prosperity, and progress achieved over the past 75 years. For four decades after World War II, climate change and job-displacing artificial intelligence was not on anyone’s mind, and terms like “deglobalisation” and “trade war” were on nobody’s lips. Global pandemics weren’t even an afterthought – the last major one was in 1918. After the 1970s détente between the United States and the Soviet Union and the opening of the US to China, the already low risk of ...

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