Topic: The impact of Russian and Ukrain war on world economy - page 45. (Read 13245 times)

...what is your thinking about the collapsing of world economy with highing inflation.

Russia and Turkey have historically very complicated, contradictory and interesting relations. The current head of Turkey is a vivid example of a politician who simultaneously manages to sit with one ass not even on two, but on 3-4 chairs. For example, Turkey is a NATO member and supplies attack drones to Ukraine, but at the same time refrains from sanctions against Russia and welcomes Russian tourists in every possible way at its resorts. In recent history, there was an episode with a Russian plane shot down by Turkey, and a "tomato" war, in short, everything here is very interesting, confusing and complicated.

As recently as today, Erdogan met with Putin in Sochi, the details of their conversation are unknown to me.

In both cases, it is Turkey who is acting as a provocateur. The sick man of Europe needs to be dealt with once and forever. As a first step, Russia can provide modern weapons to PKK rebels who are fighting against Turkey. Also, Russia need to place nuclear-tipped missiles in Armenia, in order to prevent any Turkish misadventure. They committed genocide against Greeks, Armenians and Assyrians, in which 3-4 million people were killed. Nazis paid for their genocide against the Jews. Turks also need to pay.

In both cases, it is Turkey who is acting as a provocateur. The sick man of Europe needs to be dealt with once and forever. As a first step, Russia can provide modern weapons to PKK rebels who are fighting against Turkey. Also, Russia need to place nuclear-tipped missiles in Armenia, in order to prevent any Turkish misadventure. They committed genocide against Greeks, Armenians and Assyrians, in which 3-4 million people were killed. Nazis paid for their genocide against the Jews. Turks also need to pay.

Why wait a year or two, even before the sanctions, Russia was a third-rate country with a backward economy. Now it is not yet obvious to an idiot that the sanctions have made Russia stronger, and it is Europe that suffers from them. But the main problem with sanctions is that they are not able to stop the Russian military special operation in Ukraine. What rate and size of economy will Ukraine be in a year or two, when it is already bankrupt?

BTW, NATO is getting more and more desperate. They asked Azerbaijan to attack Armenian forces in Nagorno Karabakh, to create another front against Russia. From what I heard, Azeri forces captured a few villages and a number of Armenian soldiers were killed in drone attacks. There are thousands of Russian peacekeepers in Karabakh. If the Azeris attack them, then it is not going to end well for Azerbaijan.

The war between Russia and Ukraine had a bigger impact on world economy then i was thinking it was gonna have. Inflation raised a lot in all of the countries around the world and i think Europe lost a lot with this war. In my country a lot of prices really went up. For gas i dont want even to talk about how much the price went up. Hopefully when things get to normal maybe the economy will recover.

First of all, the war kills the economy of the warring countries. I will not hide the fact that negative trends in the economy are very noticeable in Ukraine, although I confess that I thought it would be much worse.
But it also kills the Russian economy no less, although it seems to pretend to be "stable", which is typical of totalitarian deceitful countries.
But there are nuances here - if the whole adequate world, and this is essentially 70% of the world economy, helps Ukraine, then the same 70% of the world economy impose sanctions against the Russian economy, which has about 1.3% in the world ranking
And after a while the concept of "Russian economy" will become an oxymoron But given its insignificance, this fact will not give rise to noticeable problems.

Now about other countries and parties. I am sure that in the next 2-3 years the situation will be very difficult, in those countries where the rulers did not disdain the money of terrorists, sold and played into their hands by signing laws that made the industry of their countries globally dependent on Russian gas. This means that this will hit the economy of Germany, France, Italy, and I do not rule out Hungary very hard. Other countries, where politicians are not so corrupt, will completely abandon the bloody Russian gas in 1-2 years and switch to alternative suppliers.
Oil and gas producing countries that previously could not significantly enter the European market, on the contrary, will have the opportunity to gain a foothold in it, get good contracts and provide their economies with a stable income for many decades.

But do not forget that most likely in 2023/2024 the world will face another crisis associated, if not with the collapse, then with a very strong contraction of the Chinese economy, and huge internal problems there. Moreover, I do not exclude that in order to "exit" the crisis, the Chinese leadership, like any totalitarian government, will try to find a "solution" in the war. Whether it will be some kind of internal conflict or aggression against Taiwan is not yet ready to say.

Threat Today came a friend from Germany. Lives in Frankfurt. She speaks over the past 2 months, she began to notice that small stores, both grocery and non-grocery, began to close, and earlier this was not so noticeable.

Countries that had stable economy over the years started to suffer out of the pandemic. Continued by the war have caused a big impact over different country's economy. With perfect plans many countries have overcome it and were on the edge. Even the grown countries suffered big out of it. Slowly one by one getting exploded. Initially Sri Lanka have got exploded and now it is said that Pakistan is in a very critical situation.