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Topic: The impact of war on global economy. - page 12. (Read 2948 times)

full member
Activity: 406
Merit: 188
October 13, 2023, 05:01:08 PM
What do you guys think? Is this true or false?

All states are cautious during war. They want to minimize their exposure to changes in the market. States may also take positions depending on the public reaction to statements made by other countries about the war.

Every war affects the global economy. Every war mobilizes a part of the global economy. Wars usually have a negative impact as they cause uncertainty in the economy. At the same time, the duration of the war is also important for the economy, as it will be important what cautious states will do.
sr. member
Activity: 1022
Merit: 341
October 13, 2023, 04:27:21 PM
In every war there are always people who win, well governments that win, because in some way the resources that the people or governments of the countries at war stop producing because of what has happened, that is why other countries open themselves up to them, run out. a higher market than they did not have before, that is an opportunity, it is not the idea to be happy about what happens, because these are things that include many innocent people dying, but the economy has moved to another level and that is something that should not It may be, but it works like that, sometimes the world is quite cruel.
hero member
Activity: 1120
Merit: 591
October 13, 2023, 02:41:24 PM
That is true. There is no real winner when it comes to war as there are always prices to pay, and by that what I mean is that each of us (even those who are not directly affected by it) will feel the effects of war soon enough. In order for a country to get back up and return to how it used to be there will be repercussions. Even the arms dealers will soon feel the negative effects of war despite claiming that they are the ones who will be rained on by the good advantages brought by war because at the end of the day, they will also have to purchase stuff, have access to transportation, communication, and build relations-- all that were directly affected by war.
Talking about war, not only about who is the winner but depend with war regarding defend their land, religion and their freedom and why war can't stoppable until right now. Beside have another important thing with war as business and why can't stop for longer time war keep continues around the war. We can see with United State as country selling their gun and help some countries get war invasion, last year helped Ukraine by giving thousand hundred of gun machine and right now have rumor on media about their gun using in war between Hamas and Israel, who get benefit with war as business and some citizen try to defending their land but have interest conflict as business make war can't stopping yet.
sr. member
Activity: 1918
Merit: 370
October 13, 2023, 01:22:29 PM
There's no winner in this war. Or maybe there's one, the arms dealer.  Cheesy
If we talk about nuclear war, we'll leave the earth with them.

All of it will be affected and there's no question about it. It's just a matter of time before they will feel it and we will too because they will try to take back whatever is lost and a part of that is their economy so price hikes will come and every consumer will be in trouble on how they will budget their salaries afterward.
In times of war, countries in war doesn't hold back, they will do all they need to fight for their sovereignty. That's the unfortunate part of being in war, we all suffer for what's best for the majority of us, most of people will die and be just a memory for the others. 

Somehow, the war has also done something a little good to the perspective of people about saving money.
That's a lame idea, money is worthless in times of war, or post-war periods it has to take some time for the money to gain that power again.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
October 13, 2023, 12:06:11 PM

Exactly. It's like we're no longer into boundaries and we're all affected by these geopolitical events that are happening in different parts of the world. Even if we're against these things, there is nothing that we can do because its impact is globally distributed and the poorest countries are the ones that are suffering on this one. While the rich countries can recover quickly even if there's a continuous economy turmoil that can be seen to all.

Absolutely, globalization has indeed made our economies and societies increasingly interdependent. It's evident that we can not do much to halt such unfortunate events related to this phenomena, and developing countries are often bearing the major brunt of its consequences. Nevertheless, we live in a world where social media has emerged as a strong tool where everybody can express his concerns. We should essentially leverage platforms of social media to advocate for justice and equality. This means we can join all together and make our voices louder and fight against unfairness and inequality.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 13, 2023, 11:40:41 AM
There's no winner in this war. Or maybe there's one, the arms dealer.  Cheesy

All of it will be affected and there's no question about it. It's just a matter of time before they will feel it and we will too because they will try to take back whatever is lost and a part of that is their economy so price hikes will come and every consumer will be in trouble on how they will budget their salaries afterward.
We already felt the sudden oil price hike because of the sanction and it hurts a lot that many car owners decided to just use alternatives like riding a bike to work. I can say that because I see many bikers now here in my place and it became a sport to them because of its incentives as a way to exercise.
Somehow, the war has also done something a little good to the perspective of people about saving money.
That is true. There is no real winner when it comes to war as there are always prices to pay, and by that what I mean is that each of us (even those who are not directly affected by it) will feel the effects of war soon enough. In order for a country to get back up and return to how it used to be there will be repercussions. Even the arms dealers will soon feel the negative effects of war despite claiming that they are the ones who will be rained on by the good advantages brought by war because at the end of the day, they will also have to purchase stuff, have access to transportation, communication, and build relations-- all that were directly affected by war.
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 13, 2023, 10:14:23 AM
There's no winner in this war. Or maybe there's one, the arms dealer.  Cheesy

All of it will be affected and there's no question about it. It's just a matter of time before they will feel it and we will too because they will try to take back whatever is lost and a part of that is their economy so price hikes will come and every consumer will be in trouble on how they will budget their salaries afterward.
We already felt the sudden oil price hike because of the sanction and it hurts a lot that many car owners decided to just use alternatives like riding a bike to work. I can say that because I see many bikers now here in my place and it became a sport to them because of its incentives as a way to exercise.
Somehow, the war has also done something a little good to the perspective of people about saving money.
full member
Activity: 868
Merit: 108
October 13, 2023, 10:10:53 AM
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Of obviously, the war has a significant impact on the stock market. We know that this causes economic instability in the country. Furthermore, investors are reconsidering whether or not to invest initially, which produces an increase in inflation and interest rates, which has an impact on the stock market.

When interest rates rise, economic development slows, causing stock prices to fall, causing consumers to drop or cut their spending on average. So having a war in a country is pretty bad.
legendary
Activity: 2296
Merit: 1184
Privacy Servers. Since 2009.
October 13, 2023, 10:06:41 AM
I will answer you as a citizen of Ukraine who saw all this with my own eyes. The problem is that this is not some kind of “local, small dispute between two countries” where it would really be reasonable to find a compromise solution. Russia came to DESTROY us. Completely destroy. And as Golda Meir said: You cannot negotiate with someone who has come to kill you.
This is reality - a maniac whose goal is to kill you will not negotiate with you, because... His goal is not agreement, but your destruction. This is exactly what the situation looks like in Ukraine. For one thing, I highly recommend listening to Russian state news channels - there is the wildest mixture of Nazism, xenophobia, misanthropy, denial of rights, ... RASHIZM (Russian Nazism) is worse than the brown plague of Nazism! Therefore, Russia itself, with its policies and openly stated goals, left us no choice.

If we compare Israeli-Palestinian conflict with Russo-Ukrainian war, Israel has been so much more brutal and merciless so far. Did Putin cover-bomb the sh*t out of Ukraine? No. Did he deliberately target densely-populated residential areas? Not really. Israel doesn't give a damn about hostages! Some of them have already been killed in airstrikes. Did Russians cut off water, internet, electricity, gas supply to Ukraine? Nope.

Right now Israel is pulling heavy tanks and other armored vehicles to the Palestinian border. They offered 24 hours for the civilians to flee the area. Seriously? Over a million people in 24h?   Shocked   
sr. member
Activity: 2828
Merit: 344
win lambo...
October 13, 2023, 09:40:16 AM
War creates nothing good bad difficulties and price increases. Everyone suffers the inflation but I was worried about those people who are really poor which I see that suffered the most. The recovery seems too slow and trauma seems not easy to forget which means that it was not only the economy that got affected but also caused psychological impact on the survivors. The more wars are created, the more it leads to hatred and misunderstanding, and in our mind now is revenge.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
October 13, 2023, 09:29:19 AM
Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.
Your perspective on implication of wars is indeed  insightful. whenever a war breaks out in the  Europe, the Middle East or any part of the world, it typically leads to supply chain disruptions in the global supply chain. These disruptions cause pricews of commodities including food and oil, to rise. ultimately leading to significant increase in inflation.
It's a domino impact for the most. We don't want it to happen but whatever triggers these price increases are obviously starting with the price hike through oil/gas. Looking at these situations, there seems to be no solution to these matters because no matter how much we want to save and survive in these times, there's always this catalyst that makes every commodity high. If there's no way, there could be other factors that we don't know will impact it.

In summary, geopolitical tensions have profound effect on all economic macro indicators. It is noteworthy that, we now live in a global village, where pleasant or unpleasant event in any part of the world in one part of the world has far reaching global consequences.
Exactly. It's like we're no longer into boundaries and we're all affected by these geopolitical events that are happening in different parts of the world. Even if we're against these things, there is nothing that we can do because its impact is globally distributed and the poorest countries are the ones that are suffering on this one. While the rich countries can recover quickly even if there's a continuous economy turmoil that can be seen to all.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
October 13, 2023, 06:50:58 AM
Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.

Your perspective on implication of wars is indeed  insightful. whenever a war breaks out in the  Europe, the Middle East or any part of the world, it typically leads to supply chain disruptions in the global supply chain. These disruptions cause pricews of commodities including food and oil, to rise. ultimately leading to significant increase in inflation.

In summary, geopolitical tensions have profound effect on all economic macro indicators. It is noteworthy that, we now live in a global village, where pleasant or unpleasant event in any part of the world in one part of the world has far reaching global consequences.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
October 12, 2023, 06:57:20 PM
Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.
legendary
Activity: 3752
Merit: 1864
October 12, 2023, 04:45:40 PM
Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

I mean USA would destroy entire Mexico in 24 hours that is another topic but still that is not a valid reason and never was. Now Ukraine is trying to get it back, but as we can see THOUSANDS of Ukrainians and Russians die and result doesn't change, they are just throwing bodies to the problem and nothing changes.

I will answer you as a citizen of Ukraine who saw all this with my own eyes. The problem is that this is not some kind of “local, small dispute between two countries” where it would really be reasonable to find a compromise solution. Russia came to DESTROY us. Completely destroy. And as Golda Meir said: You cannot negotiate with someone who has come to kill you.
This is reality - a maniac whose goal is to kill you will not negotiate with you, because... His goal is not agreement, but your destruction. This is exactly what the situation looks like in Ukraine. For one thing, I highly recommend listening to Russian state news channels - there is the wildest mixture of Nazism, xenophobia, misanthropy, denial of rights, ... RASHIZM (Russian Nazism) is worse than the brown plague of Nazism! Therefore, Russia itself, with its policies and openly stated goals, left us no choice.

Let me add - we will all learn very soon that the terrorist attack on Israel is a “joint project of Hamas and the Kremlin ghouls,” believe me...

Just for information: The Russian authorities and Hamas maintain relations, and representatives of the group go to Moscow for negotiations. The last such visit took place in March 2023. Hamas is recognized as a terrorist organization by the European Union, Germany, Israel, Canada, the USA, Japan, as well as a number of other countries.
full member
Activity: 2352
Merit: 245
October 09, 2023, 03:25:39 AM

Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

There can be no middle ground in Russia’s attack on Ukraine. Either Russia will seize Ukraine and the terror of the civilian population of Ukraine will increase significantly, or Russia will suffer military defeat and will be deprived of the opportunity to carry out similar attacks in the future. Something in between means freezing the war and allowing Russia, over time, to revive its already lost combat power in manpower and equipment and, after some time, begin an invasion again. Russia is already close to defeat, and therefore Ukraine needs to continue to provide all possible support from the international community in order to eradicate the evil that comes from Putin’s Russia.

However, I do not understand your expression that it was Ukraine that forced Russia to attack their land. An aggressor, if he wants to attack a neighboring country, will in any case find a pretext for such an attack. But I would like to hear from you how Ukraine finally forced Russia to attack its territory, while losing a significant part of its population and half destroying its economy.
legendary
Activity: 2660
Merit: 1074
October 08, 2023, 04:22:32 PM

The "profit" is different from not being needed. I agree that war has no profit for humanity right now, it is not a profit to gain a land, maybe it is for the government because they could go around saying that they attacked and got the nation another piece of land, and back in the day that was the case but today even that is not valid.

Many Russians literally fled out of Russia not to be part of the army to go attack Ukraine because they do not really want that land, they do not care about that land, only Putin and his people do. And not like you can tell Putin to stop, hell Wagner leader literally tried that and he murdered a mercenary units leader. Imagine being so powerful that you kill someone who has his own personal army. That's why this isn't any profitable to anyone ever, it is the most useless war we have seen in a long time.
I completely share your views that wars are never good for humanity, while it could benefit some politicians and weapons manufacturers for a short period, but eventually everybody suffers. We can see this in the context of Russia/Ukraine war, where all of us sharing the burden by paying high cost of fuel, energy and food beside immense human and collateral losses.

It is essential for global leaders to seek a peaceful resolutions and actively work towards a world where conflicts are resolved through dialogues.
Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

I mean USA would destroy entire Mexico in 24 hours that is another topic but still that is not a valid reason and never was. Now Ukraine is trying to get it back, but as we can see THOUSANDS of Ukrainians and Russians die and result doesn't change, they are just throwing bodies to the problem and nothing changes.
sr. member
Activity: 1484
Merit: 254
October 06, 2023, 09:48:03 PM
War is of course the biggest economic inhibiting factor, a country that is involved in a war will stop the economic process from production to distribution, it is normal if there is inflation that reaches thousands of percent because people will find it difficult to get the necessities of life, and of course the country will take a long time to recover from the conditions of the war.
hero member
Activity: 1064
Merit: 903
Not Your Keys, Not Your Bitcoin
October 05, 2023, 03:57:35 PM
If war brings no benefits then why does war always happen? Although even the winning country will have losses, the spoils they gain are not small, so war is not completely useless to some people. Another thing is that we are ignoring countries that are not directly involved in the war but are benefiting a lot by selling weapons and lending money to the warring parties. They are people who lose almost nothing but gain huge profits. They are even the ones who create those wars, because they are the ones who get rich from selling weapons.


War don't just happened, it started as a misunderstanding when countries stand to gain benefits from that altercation, and they will strike you where they know that you will suffer the most. Have you thought why they sanctions Africa countries, because they can't do much, and that's why they do threatened them with that but I dare them try that with China and Russia, they know their limit and that's why they don't go beyond what will come back to hunt them. If US has misunderstanding with any other powerful country, the first thing they do is that make sure it doesn't comes close to the stock market, that's one of the weakest point of their economy, remember the biological covid that kill stock market, if it was a War, it will be worst than that kind of crash we experienced back then.

War isn't good, everyone lose but there are some that will never recover again, many that are rich will fall to the wrong side of history and become poor in their next life, imagine billgate lose everything and turn to average millionaire because the wolrd has changed from how it wass, that's why you make sure we don't go into war, it benefits but at what expenseses, not worth it.
full member
Activity: 742
Merit: 157
October 05, 2023, 11:21:24 AM
Normally war is a bad thing and it affects all aspect of man's life and that of their nation why because when there is war there is also economy crisis and it surely also affects the areas of your highlights. When there is war the neighboring country's enjoy the benefits of selling their ammunition and their cost prices changes over time to the higher in demand of them, including every other things in the country increases tremendously. This isn't a thing to pray for and we should try all our best to prevent and avoid war from resolute within both country's as both affected country could finds it very difficult to get back their normal ways of living because it will affect almost every other thing in the country.
Due to the war, almost all the countries of the world have a negative impact. I think the three things you mentioned were all affected by the war. Which country in the world has gained financial prosperity by the  war between Russia and Ukraine? Inflation increased all the country, oil prices have increased tremendously all over the world.

We can say that every country is more or less affected. Bank reserves have started to decline, business has shown a contractionary trend. It has also affected the stock market. It goes without saying that people are not at peace in any way. People are now dismayed by the increase in the prices of daily necessities. Not only that, where the war is going on, people's public life is facing a more dire situation.
sr. member
Activity: 2296
Merit: 256
SecureShift.io | Crypto-Exchange
October 05, 2023, 10:23:24 AM
that's right. I think the impact is even bigger than that. but the most important thing I think is the economy, especially in terms of food. in war food remains the main source of human energy. if there is a war of course its circulation will be very difficult. I think this is the main problem that is more serious than anything else from the war.
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