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Topic: Economic Implications of War on Individuals - page 16. (Read 3331 times)

sr. member
Activity: 1622
Merit: 270
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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.

As most people say you have to go to other countries but I don't think it is a proper solution. For example, if a person didn't have that much money he could go to another country and escape. This will be only better for those who already have businesses in other countries and they have a war in their country, then they should easily escape themselves to other countries and then they should start their business there and live a happy life.

The war badly affects a country and its internal system but I say not only that country in which the war is started but affect those which are their neighbor countries and they didn't make relationships with that country unless or until the war is stopped. Better is invest from the very first after that go where ever the person wants to go and be safe from the war.
legendary
Activity: 3248
Merit: 1402
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I wonder where the op's notion of the war's coming from. I mean, yeah, wars disrupt lives and lead to many deaths, but I'll speak from my experience as a Ukrainian that many fathers are not called up to serve in the war, and as for those that got conscripted or went as volunteers, the main impact of that falls on women, on mothers, and not on their sons. It must be some extremely conservative society for a minor to take the lead in an event of the absence of a father just because he's a boy. Women work, women earn money, women support and protect their children, in times of war more than ever. And when both parents are killed, minors aren't legally allowed to become the legal guardians of their families, so the children are usually taken care of by other relatives or are put for adoption.
Now, to the questions.
The survival tips really depend on where you are, in which role (civilian or military), and how intense the fighting/air attacks are. But what is important is to decide in advance how you'll react to various scenarios, to have basic medical supplies with you at all times, to obtain knowledge of first aid (if you don't already know it), and to learn to remain calm in difficult situations. If you're very close to combat zones, you need to evacuate, even if it means leaving everything behind.
As for business, it really depends on the specifics of the war. In case of Ukraine, tech shops really got a chance to flourish because the demand for power stations, power banks, electricity generator and generally for electronic devices really went up due to blackouts and due to many once again working from home to avoid unnecessary risks. So yeah, of course there are some businesses that can prosper, even though, in general, it's a very stressful time for businesses.
The economic impact is largely negative, but that also depends on what kind of job a person has and can get. So seeing what kind of people are in higher demand and how realistic it is to obtain a new qualification if your current job is suddenly completely irrelevant is desirable.
full member
Activity: 406
Merit: 188
- 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?

Not everyone has the opportunity to emigrate or escape a war zone. That's why it's so bad when innocent people get hurt. Those who suffer the most from war are people who do not have sufficient opportunities.

War negatively affects people and societies in every aspect. Access to basic food and needs is becoming difficult. Having basic food and necessities and being in a safe place are some of the most important things during war.

It is necessary to invest through Bitcoin and not be affected by banks becoming unreachable in a possible bad situation.
sr. member
Activity: 2590
Merit: 452
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War is a scary thing and will harm many people, especially people's activities in work, business and other activities. Because they will be threatened and very at risk.
And if war was dangerous and unsafe, maybe what I would do is hide or move to a safe place away from the war. And provide as much food and drink as possible for wartime needs, and maybe if I still feel uncomfortable I will immigrate to a safer country during the war.
legendary
Activity: 3542
Merit: 1965
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My advice to you will be to focus on the basic necessities that people need in a War scenario.... namely ==> Food & Drinks. People go into survival mode when there are a war, so I will provide safe shelter for people in need and also food and something to drink. You should not exploit these people with high prices, because you just need to help where you can.

I will also convert my profits into Bitcoin to protect my wealth, because Banks are not safe during a war and trying to hide your wealth in a war torn country is just stupid..... because you will lose everything if you have to flee the country.  Roll Eyes
legendary
Activity: 3752
Merit: 1864

War is grief, war is destruction, war is evil. I know it from myself as a resident of Ukraine.

I’ll tell you a little about my vision for the future, or my wishes for the development of the situation.

What is happening in the world now is a “sabbath of terrorists.” It began at the end of the 20th century, when, after the collapse of the USSR, many republics that were part of both the USSR and the Russian Federation (I focus on the form of the state) decided to live independently without a “forced union”.

By the way, let me immediately remind you that there is no manipulation - the RSFSR, which later became the Russian Federation, was one of the first to support and leave the USSR.

After that, as Kremlin propaganda later told us, the Russian Federation began to be attacked by either Ichkeria, Georgia, or Moldova, then in other regions they allegedly persecuted Russian speakers, then they (Russia) defended other independent countries from unknown reasons. As a result of all this, the CAPTURE of foreign territories began. If at the initial stages it was simply creating cesspools under the control of the Kremlin, then after 2022 Russia began to simply CAPTURE and annex ALIEN territories. You will say that this is actually a “local problem of the post-Soviet space.” NO. It was a subtle probing of the world's reaction to terror and lawlessness. The world was SILENT. He was silent when 300,000 civilians of Grozny were killed. He was silent when the herds of the army of terrorists and marauders burst into little Georgia, and so on until the massive invasion of Ukraine in 2022.
The world was silent. Even in March 2022, the world watched in silence.
And this became the same “tacit consent” that in the heads of terrorist regimes gave rise to the idea of “everything is permissible and impunity if you kill, destroy, and ignore all laws and treaties.” But fortunately the world has “woke up”. No, not all of it. Countries for which freedom and democracy are not an empty phrase, and countries that suffered from Soviet Nazism during the USSR, came to the defense of Ukraine.

But the flywheel of impunity was launched a long time ago, and by 2022-2023 the world had accumulated a desire to “flex its muscles” under the condition that other regimes and groups supported by such regimes also have impunity. We know very well who is fueling the fire of a new global war in the Middle East. We see systemic destabilization in Africa. These are not random events, they are a chain of well-correlated and connected actions.

These events have an impact on individuals, peoples, countries, and regions of the world. We are all now becoming hostages to the further development of the situation - either the CIVILIZED world will recognize the real threat of systemic state international terrorism-Nazis (like a cancer), and will take measures, drastic and tough measures to combat this disease, or we will all watch the destruction of the modern world and plunge into chaos, war, extermination of peoples and countries... And the development of the situation depends on each of us - what we will do and which side we will choose.

Let me also remind you that after the defeat and destruction of Nazism and the Third Reich (though not completely, its metastases remained and then turned into RASHISM), the world began to develop peacefully and qualitatively! The Second World War cooled people's heads and gave them several decades of fairly quiet life, without global wars. It is possible that terrorism (RASHISM and other movements) will be destroyed, and the world, having received such experience, will take all measures to avoid repetition and will live and develop peacefully. These are my highest expectations
sr. member
Activity: 182
Merit: 120
Am also wondering countries experiencing this war how are they surviving and how are they managing. Firstly in times of war everyone is expected to stay save first because life comes first before thinking about the economy and your investment. One thing with humans they will always find a way through no matter the condition.
I watched a video on YouTube yesterday where a little boy was crying that he watched his little nephew got bomb and he was crying seriously I felt very emotional.
So countries experiencing war there economy are at risk, peoples investment such as estate investment and other investments. So if you ask me what to do in time of war I will say you should protect your life first or the best is to change location.
legendary
Activity: 3346
Merit: 1128
The only solution I can see is to take off to some continent as fast as possible. Every time the war doesn't start suddenly there will be a rare case in which the other state did not know about the attack decision of others. Today the world is very advanced and the intelligence of the country informs the country before anyone attacks. The only possible business you can do during the war is to provide Aram and food to the military because the country needs these two very abundant but as an individual it is very difficult. well, it's not appropriate here but just for the understanding I can give you the example of America. In WW1 America sold food and military to Britain, Italy, and Germany, America provided them both and couldn't participate in war yet, and after that America jumped into it. You can do only the two businesses but it is very rîskey to help them in the field
I would say trying to figure out a way to make profit is not that easy during a war like this. It would be smarter to just keep it online which means that you are going to profit anyway. I mean lets assume that you have a dropshipping business, and it works from anywhere in the world, if there is a war in your nation, you can move to another nation and keep doing it.

If it is a dropshipping product that can be done anywhere in the world, that means the product nation could be attacked too and you would find another manufacturer and just lose a bit of time that's it. So all in all, it is not really impossible to make money if one nation is at war. Truth be told when the whole world goes into war, that will be different because we are going to end up in a different situation.
full member
Activity: 504
Merit: 212
War absorbs a country's resources drastically. Most of the resources have been allocated to war efforts which causes the lack of funding for infrastructure development. The overall impact of the war was felt by the poor and middle-class people who lost their jobs and businesses. Most of the time war is initiated due to the selfishness of politicians and bad decisions about the international relations of a country.
sr. member
Activity: 336
Merit: 292
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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.

Everyone tries to avoid war and conflict. When there is a war, there is destruction everywhere, how can business be done in such a situation? Things that take us years to build are destroyed in moments due to war. Living in war-torn areas, you cannot do any business or sustain your family economically. In war-torn areas, the economic situation worsens and people who are living well are left in a state of extreme poverty. When the business, job, home and area are all destroyed, he has no place to live. People from well-fed families hardly eat two meals a day.I don't think you will earn anything in Bitcoin during war because communication system is destroyed in war.

The solution is to either take all precautions before war. Most people build underground bunkers before war where they can protect themselves and their families during war, and store dry food and medicine. So that you don't face any problem. Otherwise, one has to migrate from the war-torn areas to a safer place to provide economic security to the family.
hero member
Activity: 1288
Merit: 524
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- 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.

The first thing you can do is to save your money in dollars, gold, Bitcoin, and silver. Whenever there is a war, your local currency will be devalued, and your buying power will be significantly reduced. You can also use Bitcoin as a store of value, and you will have a complete hold of your money. Invest in stocks, real estate, and liquid assets for cash flow. War has a significant negative impact on the lives of the people. Commodities prices will increase along with Oil and Gas prices. The crime rate will increase, and the law and order situation will be badly affected. It is important to relocate to a peaceful country, if possible or try to stay in your home/ shelter as much as possible.
sr. member
Activity: 658
Merit: 283
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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.
The only solution I can see is to take off to some continent as fast as possible. Every time the war doesn't start suddenly there will be a rare case in which the other state did not know about the attack decision of others. Today the world is very advanced and the intelligence of the country informs the country before anyone attacks. The only possible business you can do during the war is to provide Aram and food to the military because the country needs these two very abundant but as an individual it is very difficult. well, it's not appropriate here but just for the understanding I can give you the example of America. In WW1 America sold food and military to Britain, Italy, and Germany, America provided them both and couldn't participate in war yet, and after that America jumped into it. You can do only the two businesses but it is very rîskey to help them in the field
hero member
Activity: 1120
Merit: 887
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- War survival tips is to get your family as far away as you can from the front lines. Try to move to a neighboring country.


I can't think of any business that can be done during a period of war. During war money is scarce and people would rather do trade by bater system where they trade an item they have for another item. You cannot budget or save. The goal is to survive and keep your family safe. In fact during that period, your mind automatically goes into self- preservation mode.



- to sustain your family during war, move them very far away from the hot zone. Do all you can to survive.
legendary
Activity: 3752
Merit: 1864
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.

As a citizen of a country that has been subjected to a terrorist attack by a neighboring state, I can share my experience:
To be clear - I live in Kiev, the capital of Ukraine. My country since 2014 has been waging a forced defensive war against the country of the international terrorist - russia.

If in 2014 it was "far away", since February 2022 Russian terrorist troops have already bombed and shelled Kiev, destroyed the nearest cities and their population.

First thing to do:
- Have a "rescue backpack" for each family member - documents, money (including cryptocurrency media), medicine, and other essentials
- Take women and children to safe places
- help their armed forces/enter territorial defense/wage guerrilla warfare against the aggressor

As a result - your country will resist, defend its right to life, and you will be able to save your own and others' lives and property.
sr. member
Activity: 1106
Merit: 391
War will only bring damage and loss to innocent people. It made many businesses close and made many people miserable. But as ordinary people we can't do anything about it, we can only survive and ensure that we and our families can survive. That's why in difficult conditions like now we have to ensure that we don't spend too much money on things that aren't important and keep our savings and income intact.
legendary
Activity: 1750
Merit: 1329
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We cannot avoid wars, There are some people who have different perspectives, and beliefs in life reason why hard to have unity, with each country that only you can do is accumulate resources for your survivability and recover once you have the chance after war, because that state is like a chaos only the people in the community will the one who suffer. It was a hard matter most of the government will support or oppose so they needed to join the war or else becomes a follower. On mine i hope i don't experience this thing in my country.
sr. member
Activity: 658
Merit: 441
I've not experienced war, but I have heard stories of war. My dad experienced the civil war in my country. He told me how he used to go on empty stomach, how they used to feed on lizards for survival, how they used to sleep in bushes to hide themselves from the enemy.

War has serious economic effect on the citizens, aside from the wanton loss of lives and properties, everything comes to a standstill in the country, business comes to an end, schools and banks are shot down, food becomes scarce as local farmers are not safe in their farms, foreign importation of food are cut off. So I don't think anyone in a war zone can engage in any successful business other than looking for his or her personal survival.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.
I am on side with you, I don't like war and prefer to negotiate with opponents to create a peaceful environment. If we read the history of the war, we will discover the fact that war makes a big loss for the people, whatever it's, won or lost, the countries that are involved in war will suffer huge losses from all sides. And, until today, I don't have a plan or way to survive if my country is involved in war. I still believe my country is peaceful, and leaning toward negotiating than firing the rockets. Until today, I still don't know how to connect to the internet if the war happens and shut down it, where make my life over and and can't produce anything if the internet goes out.


War is really a bad thing no matter what the issue is it does not warrant war things should be settled amicably not go to war because one thing about war is that innocent people are the ones who get hurt, if you watch the documentary of what is going on currently in Israel and Palestine you will cry because the way missiles are landing costing people their lives is sad if countries can avoid war they should avoid it instead of making decisions without considering the consequences.

The loss is not only for the people but also the government because after so many hits they will have to restore normalcy to all the affected areas which will cost money and people affected to look for where to stay and it will even make a lot of people to leave the country has a result the war. I know my country can not even dare go to war where will they even have the money to start a war so we all pray for peace even for countries that are at war?
sr. member
Activity: 2352
Merit: 245
War is not a natural disaster. Every war has its direct culprits in the person of specific state officials who started the war and decided to carry out an attack, and there are also people and the state that defend themselves from attack in this war. The behavior of people in a country that is involved in a military conflict should depend primarily on what country you live in - a country that has committed an act of aggression against another country, or a country that has been attacked.

First of all, you need to assume that if you live in a country like Russia that attacked Ukraine, then the citizens of the attacking country are also partly to blame for this situation due to the fact that they allowed such an attack. After all, according to the constitution of each state, it is the citizens who elect the highest officials of this state, and therefore are responsible for any of their actions. If a particular citizen cannot influence the end of the war that has begun, then he has the right to avoid participating in it by any means.

If you live in Ukraine or Israel, which were attacked, then evading the defense of your state will only lead to even worse consequences. There should be no other choice than to defend your country from an attack by an aggressor. Personal economic interests should not be of decisive importance here.
legendary
Activity: 2576
Merit: 1860
There probably isn't a single answer to this. It's relative. Although wars are always about killing each other, they differ from one to another. So, I think it will be on a case-to-case basis. If you're from Russia or Israel, for example, which are both involved in wars right now, it wouldn't be that hard, but if you're from Gaza or a heavily bombarded city in Ukraine, you definitely need a different plan.

But I think that if you're literally caught in the middle of a war, you don't think of business. It's a matter of survival. If you have money, it's either it's almost useless or you won't think of earning from it. What probably matters most is that you can actually exchange them for food.
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