Topic: Another war in the Middle East could be dire for the economy - page 2. (Read 640 times)

I think you are a good man, I didn't want to distract this thread with rhetoric, I apologize. However, I also want to say that I don't know according to which center the so-called middle east is east or middle. The Eurocentric point of view does not suit me (pooya87 explained it very well, https://bitcointalksearch.org/topic/m.63612862, I think the word barbarian is not nice, I would like to say that especially). I agree with the idea of the north pole and the south pole in correlate to the north pole, but I think that the conceptualization of east and west for a specific purpose leads us to make wrong assessments. By the way, your approach reminds me of Ibn Khaldun who tried to explain societies with environmental factors by evaluating them together with land conditions and climatic conditions.

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There is the state of Israel, which pursues expansionist policies in the region. That is a big problem, but there are also dictators who have enslaved their own people and they are a bigger problem. Peace will not come out of this, war will come out. It will always be difficult to trade, economy, live and even breathe in this region for the next 50 years.

Armed forces of Yemen have been only targeting any ship belonging to the apartheid regime of Israel or any ship that is heading for them to help them continue committing genocide in Palestine. The coalition of terror (which is mainly US and UK) that support genocide, tried deterring Yemeni forces by launching a small attack on cities and civilian structures in Yemen. But the only thing that it achieved was adding their names to the list of legitimate targets which is why US and UK ships are being attacked on a daily basis while every other ship passes the Yemeni territorial waters in complete security.

Bitcoin cannot prevent war, but bitcoin can protect our wealth by investing in bitcoin because bitcoin is the money of the future and can withstand all the turmoil of the uncertain global economy.

Moreover, the war in the Middle East has had a huge impact on the global economy and the most recent conflict involving America and Britain with the country of Yemen in the Red Sea certainly has the potential to have a serious impact on the world economy. If the Houthi war in the Red Sea is prolonged it will have an impact on the world economy, not only impacting logistics, but also having a broad impact on shipping costs. This will have an impact on the entire world because it relies on international shipping lanes for export and import activities.

So this uncertainty can produce global level inflation which will later trigger an increase in commodity prices and of course will put pressure on the global economy. So in conclusion, as the OP said, to anticipate this chaos, we must invest in bitcoin to save our assets from the threat of inflation.

Middle East is highly volatile in its political situation today and also in the past. This is the busy trade route between asia and western countries so whoever controls this part can profit from the trade. This tension in the middle east can escalate further due to the Western interests aligning with Israel and their ally. Countries like kingdom of saudi, UAE, dubai haven't been affected much due to their not being a part of the direct conflict in the region so the only one suffering is the one who already fought the war.

Literally speaking, Bitcoin cannot help in the war that is going on in that country right now. But if the affected people, where there is a war going on, have bitcoin holdings and other cryptocurrency assets that have market potential in their hardware wallets, it can help their individual holders.

But in a country's war itself, Bitcoin can't do anything to stop it, in my opinion, because it's a digital currency that has nothing to do with war.

That's exactly why when the barbarians started moving out they headed to both Africa and West Asia for the vast resources in these two regions, and haven't gone out of most of it (kicked out from some and are being kicked out from more these days).

Also the reason why the wrong term "Middle East" was invented which means the combination of West Asia and North Africa, aka the main colonizing destination.

The name of the war will definitely have a very big bad impact on all countries that have a relationship, and yes this is not only about countries in conflict, those that do not have conflicts will also be affected such as access to the distribution of goods or international trade and other cooperation outside the country that has the conflict, and the economy will weaken and become a mess because various countries will have great difficulty getting their needs to meet the needs in their countries for both importers and exporters.

Moreover, some countries that are in different camps or cooperation units or whatever it is will definitely be responded to by their friendly countries and if there is a war it will be responded to by their friendly countries and this will continue to grow, the conflict in the middle east continues and takes turns, if left this will be a bad thing for the future, even the UN itself cannot stop the fighting that occurs, such as for example Ukraine and Russia, Israel and Palestine and also others who are in conflict tension at this time, this will harm the world economy and may trigger a major war on the future.

It will for sure affect not just the two countries that are in the war but also other countries or neighbouring countries and also the world. I'm sure someone here discussed some of the effects of war in the world, and of course it could be bad and the effect will not be good as one of the main impacts of it is on the economies of both countries and their citizens. They are the ones that will be greatly affected; many lives can be taken and many businesses can go bankrupt. In this chaos, no matter what they do, there will be no winner; they are both losers as they lost something. Sad reality: no matter what talk or discussion, the conflict could never end. This is not the only war that could possibly happen. And if this continues all over the world, then I don't know what will happen in this world.

The East does not have many of the needed resources, those you find plentiful in Africa,

Chaos in West Asia in the form you are talking about has only existed over the past roughly 200 years. Not any longer. The ancient civilizations in the region have had their wars for thousands of years but it has never been close to the chaos in the past 200 years, it was just normal wars that are found in all human history.

But basically the chaos in its current form started by the time when resource starved Western Barbarians started their colonizing campaign and started moving eastward, roughly 200 years ago.

The current situation really makes me feel sad. I think the condition has not improved at all. Even though I hope there is a coalition that can stop this war and make the world peaceful again. That's why a cold war is much better than a direct war. Now the world economy is becoming increasingly threatened. The impact for some countries that are far from the conflict may not be so pronounced, but for countries that are close to the conflict and which are the point of conflict, of course the ones who suffer the most. The economy there could be destroyed if this continues.

I'm even starting to think about the long-term impact of everything that's happened recently. Because if all wars do not stop in the near future then increasingly heated conditions could bring more destruction and humanitarian and economic crises will become difficult to avoid.

Considering the overall situation, it is clear that the situation is very bad indeed.  Hyperinflation has occurred in developing countries.  And if this continues, the war may continue.  Although it is certainly not going to tell them what is going to happen in the future.  If the war continues, the situation in the world will worsen.  There should be compromise between developed and developing countries.  I pray that the overall peace of the world will be maintained.  Still there is no telling what the future holds for us.  It is good to be able to buy and hold Bitcoins, but it is also a matter of thinking how many people have that much money.

Yes, I agree with you on this point and I respect your opinions. I completely understand what you want to say. Yes, we can say in a way that conflict has become part of the culture of those peoples because they have become accustomed to it since ancient times, not because this is their nature, but because wars and conflicts were imposed on them a long time ago because of the fact that the region The cradle of the first ancient civilizations.

Most people, ancient and modern, love peace and hate wars, but the ambitions of leaders and politicians drag them to what they hate against their will. This has happened since ancient times, and the same thing is happening now. In the past, there were the ambitions of local leaders who wanted influence and expansion, and today there are the ambitions of the United States, the West, and Russia, but the result is the same, as you said, the region has been in constant conflict for thousands of years until today.

I'm not implying that the people in that region love war or are anarchists. All I'm saying is that the region has always struggled to achieve stability and peace. Conflict has always characterized its existence. There must be several factors in play including culture and ethnicity, religion, resources, and so on.

Modern history might point to the greedy imperialists that sowed trouble for the sake of its rich resources. But even before America is born, even before there's The United Kingdom, even before Islam become popular, the region has already undergone terrible conflicts. Chaos in that part of the world didn't just happen during the past decades. It has been on and off for the past centuries or even millennia.

Perhaps it's a factor that civilization started there and while other people in other parts of the world were busy hunting wild boars, Middle Eastern kingdoms and armies were already sophisticated and were already into conquests.

When the nuclear war starts, many people will become victims because of the egos of each large country. The country that triggered the war should be destroyed first, because it is certain that only one person will trigger the war. With that destruction, there will be destroying all technology and of course, as has been said, the destroyer of the earth is human greed.

War is harmimg businesses on the war ground only.
War is business, it frees a lot of money in the waring parties countires.

As someone pointed out the countries talking about war are close to being bankrupt.
War sets a reset in motion.

So far things run give it 2 to 5 years and we are at WW3.
WW3 is not 265 countries fighting each other, more like a third. 

We all know who the thieves are, they are showing their loot on TV. But their media however is just more powerful that they painted themselves the purest.
But every corner of the world indeed has its war brewing. It only needs one guy pushing the red button and everyone will also be activating theirs. Once this happens, nukes will fly and we are back to the stone age.

It's not just dire to the economy and oil prices going up. WW3 is going to ruin all. If they are willing to set the world on fire because they can't stand seeing their country lose its power, it wouldn't be a surprise.

They lived in peace for hundreds of years before the imperialist thieves created puppet leaders in those regions to steal the riches of the region. I don't know if violence is part of them, but the theft is part of someone, and please don't insist, I won't tell you who is part of the theft...

The world is going through a chaotic period. The drums of the third world war are being sounded everywhere. The USS Gerald R. Ford aircraft carrier is cruising in the Mediterranean. China is pressuring Taiwan. Russia has entered Ukraine. Fortunately, it is only Middle Easterners who are prone to violence. Everyone can now relax and try to be calm because today is also our lucky day. Thank God we are not Middle Easterners...

If we talk about oil, I would not name the terrorist attack on Israel, and the attempt to ignite a major regional conflict in the oil-producing region, as the main reason for the rise in prices.
This is another act of economic terror from some rogue countries. The first attempts at “oil price terror” began much earlier - in 2022. The international community was able to “stop” this problem, and oil prices decreased and stabilized. Some international terrorists did not like this very much, and they developed a “second series” called “Lighting up the East.” I am sure that we have not yet watched this series to the end, and we will continue to observe new attempts to incite new conflicts, and attempts to drag the closest countries into this war, and first of all, the largest suppliers of oil to the world market. No, no one is saying that, for example, Kuwait or the UAE will go to war. Scenarios will be played out that will be executed by the hands of less intelligent “executors” who can spread terror to the territories of countries that are the main suppliers of oil - for example, attacks on refineries, port hubs, critical infrastructure for oil delivery, etc. There are several countries that are globally dependent on the sale of oil, and which believe that everything is permitted to them, and the world will not react harshly to the chaos that they are trying to create. Plus, there will be a huge amount of information to manipulate the consciousness of the masses, lies, information dumps, and other options to undermine the situation in the world...

Just as oil price going from $80+ down to $76 a couple of weeks ago wasn't a big drop to solve the energy crisis, the rise back up to $80+ was also not a "price soaring" as you put it.
This $4-$5 fluctuation (~5%) is too small to change anything. The price is still too high to solve the energy crisis, and not that high to make it any worse.

Besides, the situation in Middle East West Asia is a very controlled situation that has not yet affected energy routes, energy production or even the producers. It has only affected trade routes for some countries (mainly US and UK) since they attacked Yemen and armed forces of Yemen shut down the sea on these countries as a punishment.