Topic: Economic Implications of War on Individuals - page 17. (Read 3146 times)

While wars are events that happen in an instant, the period that leads to a war is very long and this gives people the chance to escape way before that, lets look at the war between Russia and Ukraine, this is a conflict that can be traced back to 2014, and most likely it is way older than that, so after that happened if I was a person living at Ukraine I would have done everything in my power to leave as it was clear a full invasion was coming at some point, since the best thing you can do when you know a war is coming is to avoid being on the crossfire in order to avoid having to deal with the questions you bring forward.

The only thing is for you to try and look for a way to escape to the neighbouring country.

Sell weapons, because this is the only business that will need attention and gives a lot of money. The reason is that weapons are made for wars.

If you are already earning in bitcoin in this forum, and there is still internet and power supply. Yes

If you are still in the country, the only way is to locate a refugee camp where you will be rest assured that it is secured and there will be provision of food and shelter.

The first thing is to look for ways to save your life. Seek means to stay out of the battle zone and seek bomb shelters that can protect you from attacks. The next thing should be to seek means to get and stock basic needs such as water and food. Also, ensure you eat to survive and not for pleasure.  

The period of war is a time of uncertainty. Many businesses will not strive in a war period. Have you ever watched the videos of the devastation in Gaza? No business can survive under such bombardments, deaths and injuries. Forget about the financial budget and plan how to survive. I heard Gaza currently has no access to water, electricity or internet facilities, so you might not be able to earn bitcoin.

But you can earn from jobs like filming or taking photographs of war situations. You can also start a social media channel where you can be able to unveil the war timelines.

I read a news where about 31 members of the Shihab family in Gaza died due to the strike from Israel. War leads to nothing but suffering and death. Businesses will be closed down for life and there will be massive loss of human and material resources. You will have to survive with what is available and also try to help others if you can.  

To be precise, contraband dealers are not the only ones who can benefit from the reality of war. There are types of companies whose activities flourish as a result of wars, and they are spending reconstruction contracts whose mission will be to build entire cities and revive them so that they become livable again. This category can also be considered among the war-rich people, despite the nobility of their activities. Of course, there are many analyzes that indicate the involvement of these companies in causing the outbreak of wars.

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.

To be honest, if you are in a war zone, not all people have the capability to relocate to another country.
The more practical to do is go to the nearest border of another country and hope that they will accept refugees.
That is, if you have no money to pay for airfare, visa and other docs to go to another country.
This is why a lot are not leaving their war zone country because of financial difficulties.
For businesses, I believe, food is the major concern of these people trapped. However, if they have no money to pay, how can you make business out of it?

1) Relocate to a peaceful country. It's more a philosophical question but I strongly believe in the right to self preservation, so a civilian does not need to place himself or his loved ones at lethal risk if his world views and Raison D'etre don't align with those of his government...

2 & 3) If you mean in the war zone, there are lucrative jobs like being a mercenary / private contractor which requires almost in all cases previous military experience, or a war correspondent which similarly would demand some experience with journalism, naturally these come with extremely high levels of risk during times of war...

  When a country is at war with each other everyone in that country suffers from it. Both the young and the old are  left with no choice  to leave  their home to refuge camps, the abundance of things won’t be of the same as it were  cause you will be ask to cut thing the way you use them. War has never been the world solution to solve problems rather it’s cause economy down trend of the country and the world at large. It takes quite some time to build a city  and to make it the bubbly place to live, war can destroy even the busiest cities in split second. So years of hard work and building structural infrastructure and innovation can be gone in just seconds. Let’s take the most recent example which is the Israel/ Hamas war. Gaza is currently feeling the heat of isreali ballistic weapon. The city which took years to build is now looking like an abandoned project. War doesn’t not favor any party that’s involve in it, for each nations will both feel the pressure of the war regardless of who has the higher power. It doesn’t not only affect the people in the region alone. It affect the world too indirectly.
  War also affect the world economy, the effects of war shaken the entire sector of the economy, in the financial market, the recent conflict has impacted stock market returns, commodity market and corporate decisions. But Bitcoin is proven to be a possessive hedge towards economic instability and be use as a hedge and safe haven across currencies. However it is unknown whether the war has had any influence on the cryptocurrency market, especially bitcoin trading and returns.

Who wants war, right? except for the leaders of each country who have this desire or those who have bad intentions. During the war, can you still think of doing business if your surroundings are full of gunfire, explosions, and killings? Of course, that thing cannot be thought of first.

Your main goal will be to save your family's life, if you have one, or your own. And hide in a place that is far from the battle and killing; this will be your way to survive and escape this deluge. And there are some countries that have conflicts with each other, and I hope they will not increase.

Being in war is being at chaos.

It is almost impossible to get your business running during war, especially if the whole country is involve in war like landlock countries in Asia and Europe. It's always the people who suffer for the aftermath. Timely, I just watched a survivor from Israel, they are so innocent partying just dancing along during the festival moments after they are running with bullets and for their lives. From there I can already assume that living in war is such a traumatic experience that you can't even think about opening a business or doing stuff by yourself.

Nobody benefits from war as lives are destroyed and  economic reality is always on the downtrend, that is why it is always said that, it better to jaw-jaw than to war-war. Dialogue is always the solution to any conflict because even after the war the both warring factions will still come to a round table to dialogue, so why not dialogue in the first place before going to war, because dialogue will prevent the war from happening.
There are hardly survivor tips in war, because everywhere will be destroyed, except you have to move over to remote areas that are not known by your enemies to stay low, if not everywhere is almost brought to the ground level, they say whatever you do in war is fair.

Unless our dear OP decides to sells weapons or their parts to the waring bodies, then the only business you should be more concerned with, is how to leave the place and settle where it would be more peaceful to source for jobs and look after a family. BTC is one sure way to earn in these times because of the campaigns and signature business ongoing. Take a cue and learn how to tradd using bots as well.

Well, there is not much to say here because once a war starts, there is nothing to do but have a place to hide to escape death, injuries, and other disasters that will affect you, your family, business, and other useful things that belong to you. So what I mean here is that the only tip you should know and utilise when there is war is to hide. If you do not have the mind to save other people, you should hide yourself, and I think that's just it.
 

For the first time you said that during the war you listed things that were affected and you included businesses that were shut down due to the war, so why did you bring business here again? There is no way you are running for your life; you will still be looking for money, especially during the war. When there is war, how can you think about doing business?

However, the only time I think you can do business in this period is when maybe people who were affected immigrate from where the war was booming now have someplace to hide for the main time. Then definitely, you may decide to open even a small store there, and you may get paid using BTC if there are people among them that have bitcoin since they may lack the local currency due to the war.

- There is no solution except to leave the place of conflict or conflict areas as soon as possible. Any other solution cannot be guaranteed, no matter who the guarantor is.
- There are those known as the "war rich" or they also call them "crisis merchants", who are a group whose business flourishes in areas of tension. We find among them arms dealers, for example, contraband dealers, and all those involved in smuggling, because they benefit from the state of chaos imposed by the reality of war. I do not advise you to be one of them because they are more blood brokers than real entrepreneurs.
- If you live in a country that has crises that could cause war or potential internal conflict, it is best to prepare yourself and your family for what might happen before it happens. It means, for example, to secure sufficient savings and provide a place to live outside the conflict zone.

War destroys lives and properties, It disrupts peace of mind, businesses crumble,  loved ones are lost in the battle field your freedoms is restricted.  If your mind  can be at rest to think of a business to do other than staying safe, then you are a super human. The only survival tip that should be on anyone's mind at this point is staying safe.

Good for you if you still have access to wifi/Internet and power supply to trade online which I doubt will be available.  Otherwise,  hodl your coins till everything normalises.

During wars, civilians are moved to refugee camps. The government,  NGOs and even government of other countries offer paliatives to alleviate the hardship faced during that period.  At this point, there are no bosses. Struggle to stay alive, Obey the rules at the camp. No one likes war, but when it happens we should try to protect ourselves.

Please removed my trust sir..

No one wants to get involved in a war, only the arms dealers and those people that are earning when there's one.

It's not on my mind but if it ever happens wherever I am right now, I'll just flee as far as I can but will I be able to do that on my own, no. I've got a family that I have to take with me and I don't know if they'll agree with whatever sudden plan that I'll come up on the spot.

Possible. For Bitcoin, if you have holdings now then you have to keep holding it but much better that don't broadcast or tell that to anybody at that time because everyone is for survival.

Honestly, I don't want to think of these possibilities and future plans if ever it happens. Because I just don't have the nerve to think of it that it might actually come.

I am too young and have never been in a war, so I don't think if my tips would be of any good to you, but one thing I can say for sure is, that survivability is a thing that is present in almost every person, in any conditions, people make bold moves, to save themselves, some give priority to themselves, some give priorities to save others. Overall, survival tips, are to look after yourself and others too, try not to be panic, think wisely, seek shelter, and try to save your family first. This would be my survival to-do list but I pray that a war never comes to us and to anyone.

And if a war occurs, then we might not get access to the internet or maybe the electricity would be gone, and I cannot do physical business also, because the existing business would be ruined then how can I run one?

And for the third question, the answer varies from person to person, because if a person has nothing to lose like his family is dead or has no one in his family, then his priorities and actions in the war will be totally different from a person who has a family. I mean, if a person is alone, then he can easily find something to eat, and a place to live, etc. for himself, but he might not find all the things for his family. And when that happens then we can say that the economy is being ruined.

Stay in a safe place, look for refugee camp and safe your life first.


Yes if the internet is not destroyed yet. Crypto traders will still do business


Yes if you are in a safe region and the internet facility is still available.


I think you already know this. The discomfort for those who are alive in a war zone area doesn't allow for normal planning. All you can do is to improvise and hope that things get back to normal.

Usually in war areas, daily jobs are not visible only if you have internet and you are already savvy with it already.

What kind of war are you talking about? There is a war in which your country participates, but it is far from the borders of the country. There is a war inside your country that leads to the disruption of part of the economy, or devastation inside the capital that leads to the destruction of most of the economy, or a war inside your region that makes the priority of being alive as your first thought. Some countries in the first state, as their countries support a war somewhere, and some countries ignite wars within the country.
If there was an expectation of war, then
1) Leave your money in the form of dollars and withdraw it from the bank.
2) Store your money in several safe places in several regions.
3) Try to have your economic activity linked to services such as water, food, and electricity
4) The speed of converting civil manufacturing activity to military and vice versa will determine your profits