Topic: Economic Implications of War on Individuals - page 12. (Read 3331 times)

War is completely useless, instead there will be an economic crisis and a humanitarian crisis, just look at the example of what happened in the war between Israel and Palestine. The scale of this war is astonishing, a terrible waste of life, all caused by a human being with an ego.

Of course, in times of war, money is useless, let alone thinking about investment, the internet is difficult. We can only think about saving ourselves and our families from war. If we are not in a place where there is conflict, of course we need to prepare funds to invest because usually when there is a war the global economy also slumps.

That's right, wherever there is conflict that is their market, Yes. War always provides a breath of fresh air for entrepreneurs engaged in military equipment and equipment, especially if the duration is long and continuous, where the demand for weapons will always come from the conflicting parties, it cannot be avoided. The impact is very serious, namely suffering, displacement and disappearance. lives that occur in war zones, even if victory requires enormous time and costs in the rebuilding and recovery process.

Despite of that disadvantage you said from the trouble makers, they won't still stop. I think it's also about the satisfaction that they can get when they saw the other party suffer. They think they are powerful.

I'm not sure if there will be a regret that they will feel at the end. We can only wish or pray for the safety of everyone. It's mostly in the hands of our leaders (governments). But, I think we can also help in our own little ways like by paying our taxes properly. As I think they can also allocate some of it, on building and improving their defenses. Just in case an unexpected attack from the other greedy and power hungry countries will happen.

War is a terrible disease. It slowly but surely destroys everything around it. And here we must realize that "soft methods" will not provide a cure. Only the destruction of the carriers of this contagion is the only solution to the problem. The disease cannot be "negotiated" or "frozen". The disease will continue to kill, or accumulate forces for further killing. And the more the world will "squirm in place" inventing "peaceful methods", the disease will continue to destroy the world - countries, lives, economies, businesses, everything that has been created. 

The human cost, the shattered lives, the gaping wounds inflicted on families and communities – it's a tragedy that defies comprehension. In the face of such suffering, prayer feels like the least we can do, a silent offering of hope and solidarity across the miles.

Money, in that crucible of chaos, loses its seductive charm. It transforms from a tool of ambition to a mere instrument of survival, a meager offering to secure a loaf of bread, a warm blanket, a flicker of hope. In the face of bombs and bullets, the worth of a bitcoin pales in comparison to the worth of a breath, a heartbeat, a child's laughter echoing through the rubble.

However, if anyone still prioritizes rationality, they will always avoid war, but sometimes society can be different from political elites who feel they have a mandate to act with what they have to do anything for the sake of something that can sometimes be unreasonable.very much agree, because the impact that occurred was not thought through carefully, resulting in destruction that was very irrelevant to the ego that was desired for the war to occur.
Looking at the current wars, we can be sure that this is due to intentions that are sometimes not and are not necessarily liked by society but must be carried out by political elites for the purpose of power, which clearly may not necessarily provide benefits to society in general; in fact, it may even be detrimental, but society cannot do anything

War is indeed a very heartbreaking period. Thousands of people lose their lives.  I never like war. War never brings anything good. And during war it is very challenging to keep your family alive because then you will have money but no goods to spend that money in your country.  When war breaks out, everyone should stock up on water and dry food at home because food is scarce in war-torn countries.  So everyone should stock up on high protein food. And save money though I think wartime money doesn't do any good.

War's a long, ugly shadow hanging over us all, a constant reminder that even at our best, we can be real knuckleheads. Politicians might play power games with it, but the bill comes due for the rest of us – lives shattered, futures left in smoke. It's enough to make you wanna curl up in a bunker and wait for the apocalypse, but that ain't the answer.

Look at Ukraine and the Middle East, still bleeding from the wounds of conflict. We can't control the warmongers in their ivory towers, but we can damn sure control how prepared we are when the storm hits. Instead of throwing our hands up and accepting war as some inevitable fact of life, let's get smart, get trained, and get ready to weather the chaos.

I don't know how do I answer these questions. Because there are no right answer to them. Survival tips? Like what create a bunker? Maybe that will be the best choice but if you have the chance to escape, then you should do it. And when it comes to using money or something else for businesses during war is illogical. When everything is in chaos, how can people use money to buy and sell goods? All you can do is survive at any cost. If possible, take shelter. You can save in Bitcoin for future usage but what if you are not alive to use that in the future?

The impact will not be individual rather it will be for everyone. The military power are fighting with each other and the normal people are suffering. There are no clear method to overcome this until the war is over. If you are caught in a war, all you should do and focus is on survival.

Conflict most times doesn't translate into war as conflicts most times are disagreements that can be settled and when not properly settled it degenerates into war.

War on its own is total breakdown of everything including law, order & Economy. When it happens, people think only about their safety first before anything and aftermath is always devastating. Even after war people still think about survival not economy or investment.

Putin during the "Direct Line" on December 14 did not directly nam the losses of the Russian army in their attempt to seize Ukraine. However, these losses are easy to calculate from what they were published.

So, according to Putin, the number of Russian group is now reaching 617 thousand people, of which 244 thousand mobilized fights at the front. In the war there are also 486 thousand volunteers who, on their own initiative, signed a contract.

By the time of the military invasion of Russia in Ukraine, the group was 250 thousand people.

At the same time, 41 thousand mobilized were fired due to age, that is, this amount does not apply to losses.

If out of 617 thousand of the composition of the Russian army, subtract all the above categories of war participants and add 41 thousand those who were sent back to Russia by age, the number of irrevocable losses of the Russian Federation in the war with Ukraine will be about 322 thousand soldiers.

The irretrievable losses include the dead and the wounded. As for the losses of private military companies, then, according to Putin, according to Russian law, they do not exist, therefore it is impossible to count. Therefore, the real figure of Russian losses is much higher.

Sources:
https://apostrophe.ua/news/world/2023-12-14/putin-na-pryamoy-linii-progovorilsya-poteryah-rossiyan-v-voyne-skolko-priehalo-iz-ukraini/31 0356

A link to Putin’s video about the loss of the army, including as follows from Russia itself

https://m.youtube.com/watch?si=8yLnRE1qOlUz8Xyt&v=sEgw2OrqWTo&feature=youtu.be

https://m.youtube.com/watch?si=vybaCgXko_J27wkR&v=OGpR9WU6RB0&feature=youtu.be

Closed to these figures is evaluated by the losses of Russians and American intelligence, indicating that Russia has already lost 315 thousand of its troops in Ukraine.

According to official data from the General Staff of the Armed Forces of Ukraine, the irretrievable losses of Russians in Ukraine amount to 351,350 military personnel.

You are completely delusional. Perhaps you don't realize it yet but Ukraine has already lost the war. As a retired colonel you should understand that. Well, unless you were lying of course (I bet you were).   

Exactly, every sane person with above the room temperature IQ understands that. Well, except for trolls that is.

The economic implications of war on  individuals are just too numerous. War puts everyone on hold, businesses, churches,
mosques and other religious organisations  collapse, governments tremble and all other institutions of value remain  shut down.  War reduces the purchasing power of individuals to zero, they can barely afford anything on their own and they  begin to live at the mercy of the government or charity organisations. These is because, war destabilises the individuals,  making them  unable to work or do business that will fetch them money to fend for themselves and their families (if they still have). The only thing of priority becomes how to stay safe. War is indeed a very terrible thing to happen to anyone or a group.

What can be profitable in war conditions are the weapons providers or weapons suppliers to both parties because for each shipment of weapons there will definitely be a reward that will be received by that party. Whether it's in the form of money or other things that might be very useful for him, apart from that, I don't think there is any party that benefits enough, including the party that won the war. Because the side that won the war also experienced destruction, such as their own infrastructure and their people were also not free to carry out their usual activities.

Those who survived in the war are the real heroes and those who died at the war are the legends. In a war situation, there are many things out in place. There is restriction of movement, restriction of social gatherings, and moon light play must stopped and other benefits of life movement will be stopped. Running and hiding are also part to survive in a war time. If anyone can do any of those things to survive then there is no problem. Because it is not everybody will face the gunshots. In a war time, everyone is a victim. Like why is happening in Russia and Ukraine is affecting people in Nigeria because there are some business transaction that would have taken place but because if the way those business have stopped and likewise to Israel and Palestine.

In a way time internal businesses are destroyed and that is one the weapon used by some group to stop their opponents. They would block all the channels that supply food to their opponents camps and side. And when food is not sent to those areas then, the war would end. But in a war period, the advance countries used that time to make money. But supplying things to the two opposing sides.

War has quite a large and quite serious impact on individual economies. And this can also have an impact on our daily lives. war may increase the cost of living because the price of goods may rise. This is due to disruptions in the supply chain, increased production costs, and economic uncertainty which can cause the price of goods to increase many times over.

Apart from that, war can also affect employment. Sometimes, war can lead to job cuts as some businesses may be forced to close or reduce their activities. Because war could cause economic activity to be hampered, so some companies might reduce the number of jobs and close recruitment of new employees for a while, until economic activity returns to normal and product demand increases again.

War can also affect savings and investments. Currency values may be affected, and investments such as shares or assets may experience significant fluctuations. This could make individuals feel hesitant about investing or saving money due to the economic uncertainty associated with the war. So, to keep our assets safe, we have to be more careful in sorting and choosing the type of investment.

A conflict no matter how small always has its negative effects on the environment. A full blown war in any society pauses/stops any development or any activity that is going on. Sadly, there are people who benefits from war and these individuals tend to stoke up conflicts as conflicts and war is “good for business”.
Wars leaves battle scars on both the victor and the vanquished as both sides would have lost men and resources in fighting a war.
In a war, both sides suffer economic hardships and both parties are set back.

War isn't a good and is something no one should wish for, because it affect individual life in so many perspective, the emotional trauma and the economic melt down. Thou many may take advantages considering how severe it is and if the war is your favor by being part of the leading group.

I appreciate your sentiments, but the truth can never be denied. War is not the solution to any problem and always the problems are solved through negotiation.No matter how powerful the enemy is, one always defends oneself as much as possible. Ukraine is also resisting strongly, but the fact that Russia is powerful cannot be denied. It does not seem that Russia has used all its power, but there are many factors behind this war which Russia cannot ignore. Both countries have adopted their own policies, but I don't think that Ukraine can defeat Russia.

Freedom is the basic right of every human being and every country and nation, but powerful countries have often been seen to dominate smaller countries by force. This is not only the problem of Ukraine and Russia, there are other countries in the world where the big powers are trying to occupy the weak, in which Palestine and Israel are at the top, India and Kashmir. Everyone is resisting, but the weak is always helpless in front of the strong.

Being prepared to face the worst consequences of war does not mean having to be willing to stay where the war is, but being prepared, in other words, means being able to move to another, safer place so that every activity we are currently carrying out is not disturbed by war. Any economic sector will continue to be disrupted by war so that there is no way to survive other than moving to another place, although some elite people may be able to earn money through war, but this only depends on a few individuals who we cannot judge in general because generally more people suffer as a result of war.