The impact of Russian and Ukrain war on world economy - page 48.

gantez

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Quote from: Upgrade00 on July 26, 2022, 01:54:33 PM

Quote from: gantez on July 26, 2022, 08:03:27 AM

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

It's a difficult situation, but not to the extent of collapsing the world economy.
The lingering war would have lasting effects, as it was unexpected and many countries who were heavily dependent on either Russia or Ukraine got hit hard, and it would take a while, but they would recover and adjust.

The lockdown crisis is also a factor in the falling economies and would also take a while to recover from.

Not to the collapsing of world economy totally I mean here but many countries economy dropping with high rise of the inflation because things increased as the war continue. If this continue to happen it will get into recession and some countries will want bail out from international community and countries.

davis196

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The war in Ukraine has a negative impact on many countries in Europe, but the European economy can and will find a way to adapt and survive without Russian oil and gas in the long term. I'm pretty sure that green hydrogen will replace natural gas in the future(when the production and storage of green hydrogen becomes cheap enough. Right now, all the nations in Europe will have to reduce the natural gas consumption and prepare for a not-so-comfortable winter.
The world is heading towards "de-globalization", which means that the traditional supply chains are getting destroyed and we won't be able to afford cheap goods coming from China in the near future. The western world will have to restore it's industry and stop relying on service-based businesses.

Sithara007

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Quote from: Upgrade00 on July 26, 2022, 01:54:33 PM

Quote from: gantez on July 26, 2022, 08:03:27 AM

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

It's a difficult situation, but not to the extent of collapsing the world economy.
The lingering war would have lasting effects, as it was unexpected and many countries who were heavily dependent on either Russia or Ukraine got hit hard, and it would take a while, but they would recover and adjust.

The lockdown crisis is also a factor in the falling economies and would also take a while to recover from.

Don't be so confident. If this war lasts for another 6 months or so, then the chances of a recession will increase to >50%. Here in India, the government was forced to reduce the taxes on diesel and gasoline, so that the citizens won't revolt against them as a result of high fuel prices. But then, they were showering the citizens with freebies when the crude prices were low. Now they can't suddenly stop that. Either they need to increase taxes elsewhere, or they need to take loans. Both the options will be bad for the economy.

Upgrade00

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Quote from: gantez on July 26, 2022, 08:03:27 AM

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

It's a difficult situation, but not to the extent of collapsing the world economy.
The lingering war would have lasting effects, as it was unexpected and many countries who were heavily dependent on either Russia or Ukraine got hit hard, and it would take a while, but they would recover and adjust.

The lockdown crisis is also a factor in the falling economies and would also take a while to recover from.

Argoo

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Of course, the ongoing six-month war between Ukraine and Russia will have serious consequences for the global economy. First of all, there is a redistribution of spheres of influence both in the sphere of politics and in the sphere of economy. Russia is gradually losing the European market, where it primarily supplied coal, oil and gas in significant quantities. Now, as a result of Russia's blackmailing of the EU countries and the sanctions imposed on Russia, which unleashed a war of conquest in the center of Europe, the latter have set a course for the fastest possible rejection of these Russian energy sources. Europe is looking for and finding other suppliers, and will also gradually switch to alternative energy sources. For some time there will be confusion, so for some time the prices for these energy carriers will jump, but then everything will calm down. But Russia will lose big in the long run.

In addition, Russia, as an aggressor country, will increasingly isolate itself from civilized states, and from such isolation and international sanctions, its economy will collapse, and it will itself lose its current status of a superstate, if it does not fall apart into many separate republics. As a result, our world is in for a big change.

gantez

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World economy

I look to it that the war affecting the economy of every country and with research about it , Al-Jazeera gave detail of how some countries is affected and if the war did not stop , more of the country will keep suffering. Russia is part of the biggest supplier in oil and the short suorpply is affecting the world. The war is affecting the europe countries hard because two countries in the war are two big supplies to europe. Russia cut supply of oil to euro and that affecting production, gas use. The Ukraine economy supply large amount of iron, steel, ore,stag and ash to the world and euro now in shortage include animal vegetable fats and oil to euro and the other countries.

This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.

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