I don't know for sure how to survive when the country is at war because everything that comes to mind is how to stay safe and also have food supplies until the war is over, and I'm sure only people who survived the war can give the right tips the rest is just guessing.
However, if we talk about the impact of war on the world economy, of course, it will be very large, and usually the price of oil and food will have an impact so that we will get higher prices, live more simply and don't buy things whose value will quickly fall and keep holding fiat because this is really needed when buying groceries.
Topic: Economic Implications of War on Individuals - page 13. (Read 2188 times)
- do you have any survival tips during war period?
Sell local currency, buy dollar and gold (and gold-plated jewelry). the local currency will probably go to waste, the dollar will be good, but it takes up space and it is difficult to bribe the border guard with it, because the light will turn on for him to search you for more. A gold-plated wedding ring given out of desperation as if it were the last and most important souvenir your wife has left of you leaves the guard with no illusions that you have nothing more and he will either let you pass and earn money or nothing at all.
Bitcoin will also be good, and probably better than anything I described above for escaping without the risk of funds being seized (just remember 12 words).
- do you have any survival tips during war period?
The only survival advice I can think of is to hide in a safe place since, from what I gather, war is different from conflicts in that it is very difficult for someone to survive because it involves security personnel from other nations and communities. This also depends on how well-equipped the enemy is; if they are, I can't offer any advice on how to live. War is deadly, and we should avoid it at all costs.
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- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
Yes, but only in the event that there is no attack on the network in the surrounding environment. Bitcoin is also helpful in such circumstances, but all you can do with it is know that you have it; you cannot spend it or place any orders with it. During this time, no physical business will be permitted as everyone is frantically trying to survive. I don't believe you can engage in any business.Quote
- What is the economic impacts on individuals with families and how do I sustain them during war period.
War is not only about killing; it involves many other things as well. During this time, it will be difficult to the point where even the president or other national leader will find it frustrating. There won't be any food, water, hospitals, markets, or electricity during a war, and there will be killings everywhere; the only thing that will matter is risk.
I wonder how you can think about business when there's a war in your country.
Most of countries will use their armed forces to handle it, but if they lack of participants, they will force their civilians especially 18+ years old men to join in war and they also open for volunteers. The country will give a support about foods, place to sleep, and weapon, while the women and kids will stay in the most safest place.
So when there's a tension in your country, it's better to fly to other country. Don't too late because civilians will not able to escape except you have a duty to escape.
War is inevitable because there are few organizations that earn profit during war e.g. weapon seller.
Most of countries will use their armed forces to handle it, but if they lack of participants, they will force their civilians especially 18+ years old men to join in war and they also open for volunteers. The country will give a support about foods, place to sleep, and weapon, while the women and kids will stay in the most safest place.
So when there's a tension in your country, it's better to fly to other country. Don't too late because civilians will not able to escape except you have a duty to escape.
War is inevitable because there are few organizations that earn profit during war e.g. weapon seller.
I hate wars. I hate conflicts. Both they are almost unavailable. Wars and conflicts disrupts lives. It kills people - men, women, babies. Businesses are shot down. Schools are shot down. Boys become father's and look after their moms and siblings because their father has gone to war. Daughters become mothers and have to care for their siblings because they lose their mothers to war. Children with perfectly normal lives become refugees
Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.
I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.
- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.
Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.
I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.
- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.
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