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Topic: The impact of war on global economy. - page 14. (Read 2948 times)

sr. member
Activity: 490
Merit: 325
October 03, 2023, 04:54:58 AM
#88
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?

Greed is the reason why we have war today and selfish interest. When a war start, each party always think they will win but when it get deep and deep, one suffer more casualties than the other but eventually, the two of them most lost one or two things along the line, it's even possible that what they plan to achieve in the beginning may not go as expected, this is why war is not good for everyone.

Politics are the major cause of this and we must avoid the games they play, when the war succeed as they plan, it's always in their own favor and when it doesn't they don't have neither family that fight the war, it's always other less privileged families that do the job and die. We must be United for all and defend humanity everyday everytime.
full member
Activity: 616
Merit: 191
October 03, 2023, 04:50:11 AM
#87
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.
Of course, in war there are definitely those who gain and there are also those who suffer losses, but generally the impact of war is loss. The only ones who benefit are countries that sell weapons. What is certain is that the impact of the War only produces sadness, misery, loss and fear. Heroes only exist for winners, and fortune only exists for rulers. War will also bring various kinds of psychological trauma, even because killing often becomes a habit that is difficult to break.

Example of war between Russia and Ukraine, In a war situation!! which is prolonged is a waste of costs in all sectors (life/destruction of buildings and ecosystems/all expensive war equipment and mental health). Both Ukraine and Russia are spending war funds that are no joke.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
October 03, 2023, 03:48:15 AM
#86
Russia has no benefits. More precisely, if the whole world once again turned a blind eye to Russian terrorism, then yes, there would be benefits.

But now Russia is “going to the bottom”, bombarding the Armed Forces of Ukraine with “meat assaults”, having already destroyed more than 50% of its “second army of the world”, its economy, demography, financial system, and having forever lost its partnership with an adequate world.

Crimea does not have any strategic significance - the Black Sea is a closed water area, the entry into which is controlled by a NATO member country, and the entire route “to the world” is also blocked by NATO countries. The only purpose of Crimea is the mental masturbation of the Kremlin Fuhrer, and a convenient place for continuing terrorist attacks on Ukraine.

After Russia's defeat, it will not be saved; there will be no Marshall Plans for it. It will become the world's "bottom" for decades and will pay reparations to all countries that previously suffered from it.
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.
legendary
Activity: 3752
Merit: 1864
October 02, 2023, 12:23:34 PM
#85
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.

I guess people saying that war has totally no benefit have little knowledge about history. War has been part of the human civilization. Be it power, territorial, race, religious, and influence. The Russian invasion of Ukraine for example has huge benefits if successful. It's just that the Russians did not expect the war to continue this long. Nonetheless, it is still holding Ukrainian territories especially the Crimean peninsula which is a very strategic location in the Black Sea. The effects may not be reflected right away since there are human, structures, and financial losses but in the long term, it is mostly worth it. Just like when the Americans risked and declared war on the Mexicans.
[/quote]

Russia has no benefits. More precisely, if the whole world once again turned a blind eye to Russian terrorism, then yes, there would be benefits.

But now Russia is “going to the bottom”, bombarding the Armed Forces of Ukraine with “meat assaults”, having already destroyed more than 50% of its “second army of the world”, its economy, demography, financial system, and having forever lost its partnership with an adequate world.

Crimea does not have any strategic significance - the Black Sea is a closed water area, the entry into which is controlled by a NATO member country, and the entire route “to the world” is also blocked by NATO countries. The only purpose of Crimea is the mental masturbation of the Kremlin Fuhrer, and a convenient place for continuing terrorist attacks on Ukraine.

After Russia's defeat, it will not be saved; there will be no Marshall Plans for it. It will become the world's "bottom" for decades and will pay reparations to all countries that previously suffered from it.
hero member
Activity: 1862
Merit: 601
The Martian Child
October 02, 2023, 07:51:02 AM
#84


Of course, war is not intended to benefit all the countries around the world. It benefits the victor most of the time. And as you said, the rich people are the least likely to be affected if not benefitting from it. At least nowadays most countries are democratic unlike in the past when most were ruled by kings where the main goal was the kingdom first before the people. It's like North Korea which is led by the Kim family. They prefer to prioritize the budget for arms and weapons while the majority of its people suffer from malnutrition.

When war does not benefit any country, but the countries that are fighting the war are likely to cause more destruction, and this has often been the case. Then why these countries prefer to fight war despite being aware of the worst effects of war. I do not think that war can benefit any victor because destruction on both sides is assured.

The countries which have progressed and laid a network of roads and built big buildings in their country, all of them become a pile of ashes in a few days during the war. People have to face severe hardships and problems arise for both the rich and the poor. Fighting and profiting may be personal satisfaction for one person, but it can never be beneficial for a country and its people.


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.

I guess people saying that war has totally no benefit have little knowledge about history. War has been part of the human civilization. Be it power, territorial, race, religious, and influence. The Russian invasion of Ukraine for example has huge benefits if successful. It's just that the Russians did not expect the war to continue this long. Nonetheless, it is still holding Ukrainian territories especially the Crimean peninsula which is a very strategic location in the Black Sea. The effects may not be reflected right away since there are human, structures, and financial losses but in the long term, it is mostly worth it. Just like when the Americans risked and declared war on the Mexicans.
legendary
Activity: 3752
Merit: 1864
October 02, 2023, 02:04:45 AM
#83
Judging by the press reviews - the world economy is getting back to a better state, this applies to the US and EU as well. As for the pariah countries and the world terrorist - everything is the same there, only in reverse Smiley

Russia, playing "god" missed the point of no return, when it was necessary to make a decision and try to get out of the situation somehow "well". But... idiocy took over. Now, in addition to the fact that Russia has no good solutions on the horizon, so it with its idiocy, rallied and "restarted" the Western alliance, NATO. Which, first of all, has created problems for the... China ! Now China has a "bouquet of problems" - growing economic problems due to the destruction of ties with the West, the realization that there will be no soft measures towards China.
legendary
Activity: 2338
Merit: 1023
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September 30, 2023, 09:17:47 AM
#82
In short, there's no one getting any benefits after the war except for those people that sell firearms, weapons, and those wealthy people that likes to hide in the shadow. While the majority of people always suffer due to the damages because of wars that leads to poverty, malnutrition, different kind of diseases, and so many more.

I don't really know what's the motive of war, I mean what are you gonna do with so much money profiting from a war if the world you're living in was destroyed already and full of toxic chemicals from nuclear bombs.

I even believe that it is the people who traffic in weapons and guns who always seek to cause conflicts and create wars between countries. Because as you said, they are the ones who benefit the most when war happens.

Yes, the earth is becoming worse and worse due to human destruction. But those greedy people will not think much about humanity and they will only try to satisfy their greed in the short term without caring about the long-term consequences. Some people's passion for power and ambition to dominate and control the world is pushing humanity toward destruction, but they will never realize it until it happens.
hero member
Activity: 2268
Merit: 579
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September 30, 2023, 08:32:33 AM
#81


Of course, war is not intended to benefit all the countries around the world. It benefits the victor most of the time. And as you said, the rich people are the least likely to be affected if not benefitting from it. At least nowadays most countries are democratic unlike in the past when most were ruled by kings where the main goal was the kingdom first before the people. It's like North Korea which is led by the Kim family. They prefer to prioritize the budget for arms and weapons while the majority of its people suffer from malnutrition.

When war does not benefit any country, but the countries that are fighting the war are likely to cause more destruction, and this has often been the case. Then why these countries prefer to fight war despite being aware of the worst effects of war. I do not think that war can benefit any victor because destruction on both sides is assured.

The countries which have progressed and laid a network of roads and built big buildings in their country, all of them become a pile of ashes in a few days during the war. People have to face severe hardships and problems arise for both the rich and the poor. Fighting and profiting may be personal satisfaction for one person, but it can never be beneficial for a country and its people.


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.
sr. member
Activity: 336
Merit: 292
20BET - Premium Casino & Sportsbook
September 30, 2023, 06:55:26 AM
#80


Of course, war is not intended to benefit all the countries around the world. It benefits the victor most of the time. And as you said, the rich people are the least likely to be affected if not benefitting from it. At least nowadays most countries are democratic unlike in the past when most were ruled by kings where the main goal was the kingdom first before the people. It's like North Korea which is led by the Kim family. They prefer to prioritize the budget for arms and weapons while the majority of its people suffer from malnutrition.

When war does not benefit any country, but the countries that are fighting the war are likely to cause more destruction, and this has often been the case. Then why these countries prefer to fight war despite being aware of the worst effects of war. I do not think that war can benefit any victor because destruction on both sides is assured.

The countries which have progressed and laid a network of roads and built big buildings in their country, all of them become a pile of ashes in a few days during the war. People have to face severe hardships and problems arise for both the rich and the poor. Fighting and profiting may be personal satisfaction for one person, but it can never be beneficial for a country and its people.
hero member
Activity: 1862
Merit: 601
The Martian Child
September 30, 2023, 05:46:06 AM
#79
You know, honestly, it just crossed my mind that the question is: have you heard of a war that has benefited all countries around the world? Have you read or watched any news like that? Even on Google, can you find anything? There is nothing, because the war brings destruction to every country, destruction from the economy number one, then importing and exporting will also be destroyed, so all countries around the world are affected.

So, as much as possible, we don't want a war with every country that is fighting. Because we citizens are the first to be affected by this, the rich people will not feel that much, unlike us ordinary citizens who are not rich. Millions of people around the world are affected just because of misunderstandings between two leaders of the country.

Of course, war is not intended to benefit all the countries around the world. It benefits the victor most of the time. And as you said, the rich people are the least likely to be affected if not benefitting from it. At least nowadays most countries are democratic unlike in the past when most were ruled by kings where the main goal was the kingdom first before the people. It's like North Korea which is led by the Kim family. They prefer to prioritize the budget for arms and weapons while the majority of its people suffer from malnutrition.
hero member
Activity: 1666
Merit: 453
September 30, 2023, 05:17:42 AM
#78
You know, honestly, it just crossed my mind that the question is: have you heard of a war that has benefited all countries around the world? Have you read or watched any news like that? Even on Google, can you find anything? There is nothing, because the war brings destruction to every country, destruction from the economy number one, then importing and exporting will also be destroyed, so all countries around the world are affected.

So, as much as possible, we don't want a war with every country that is fighting. Because we citizens are the first to be affected by this, the rich people will not feel that much, unlike us ordinary citizens who are not rich. Millions of people around the world are affected just because of misunderstandings between two leaders of the country.
sr. member
Activity: 2352
Merit: 245
September 30, 2023, 03:54:19 AM
#77

Now, the question is: why is there a war? That is because of the conquest that a leader makes in a country, which actually leads to fighting when they do not give each other the territory that they both claim. And besides that, the war will actually happen because it is also in the prophecy that cannot be stopped.

Ukraine occupies a very favorable geographical position with a good climate and fertile lands. In the Ukrainian Carpathians there is a sign marking the center of Europe. If you don’t count Russia, then Ukraine is the largest state in Europe. It covers an area of over 603 thousand square kilometers. It is followed by France with 547 thousand and Spain with 498 thousand square kilometers. At the same time, Ukraine is a kind of buffer between the democratic countries of Europe and authoritarian Russia, which wages constant wars both with its neighbors and throughout the world. Therefore, it is very important for European countries that Ukraine does not fall under the influence of Russia, because the existing balance of power will be disrupted and the threat to the rest of Europe will increase. This is one of the reasons why European countries provide all possible assistance in the war against Russia that attacked it.

Putin attacked Ukraine because he cannot tolerate a democratic state near his borders. This is a bad example for his empire, which is territorially based on force of arms and coercion. In addition, he wants to appropriate the history of Ukraine and turn it into his own history of the Russian Federation. Although Russians are called Russians, they are not the same thing. Russia as a state arose under Tsar Peter the Great at the turn of the 17th-18th centuries, while the state of Kievan Rus with the center of the capital of present-day Ukraine, Kiev, was one of the most powerful states in Europe back in the 9th century, and present-day Moscow, being then still a small village , was owned by the Kiev prince Yuri Dolgoruky. Therefore, before the reign of Peter the Great, Russians were called Muscovites, and the state itself was called Muscovy, but not Russians at all, since they had nothing to do with Rus', Kievan Rus. Now Russia is laying claim to the lands of Ukraine, although it is Ukraine that has the right to claim its historical lands, right up to Moscow.
legendary
Activity: 3752
Merit: 1864
September 27, 2023, 06:55:34 AM
#76
If we consider the global impact of the terrorist war that russia unleashed against Ukraine, the world has realized that the deep cooperation and dependence on which the world economy was built before 2014 is a very risky business. More precisely, it is the admission of participants with dubious reputations and painful fantasies into this "fine-tuned mechanism". I hope this will be a good, albeit very expensive lesson, but as a result the world economy will be restructured in such a way that in the future the idiocy of one country will not globally affect the global world economy.
full member
Activity: 504
Merit: 212
September 26, 2023, 02:13:19 PM
#75
War has a great impact on the economy because desire for resources increases but due to war one cannot get it easily. Trading mechanism in both countries will be cease due to war therefore neither they can export their materials to other countries nor they can demand from other countries for their needed materials.

Oil and gas which is also known as energy become more higher in worth therefore if it become elevated in price then related materials also boost in value. Sometimes people migrate from those countries where situations of war arises because everyone wants to live a better life and where they can find numerous job opportunities as country having war will not avail job opportunities for individual and everything will be effected a lot.

So far the war as of now has yet not arrived in a military showdown. But because we are still in an economic war, it is a slow suffering and sanctions are affecting those countries with no resources while oil countries are dumping USD.

Once the war in Russia-Ukraine spills out, those allies are going to launch their weapons, it will be destruction and I hope someone with a clear mind will prevent it from happening because seriously, even the POPE who of all people will think of peace was calling for more weapons to be sent to Ukraine. For Christ sake, this POPE needs to be sent to Ukraine to see for himself.

Those allies of Ukraine have already made it their weapon testing ground. We have seen how the USA is providing all the latest military equipment from their arsenal. Both countries are suffering because of this war, but Russia is taking more heavy damage than Ukraine. Their economy was already weak, and now this war is eating their resources as well. It will make them weaker than ever, and even China and Iran will look stronger than them. If somehow they win this war, they will not have the might to keep their influence over their occupied territory for long.
hero member
Activity: 1932
Merit: 511
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September 26, 2023, 02:05:38 PM
#74
of course it was greatly affected. I think it's a good idea not to trade shares when a country is at war. I'm sure goods, even food necessities, will become scarce, so I wonder why they trade while their country goes to war. I hope they pay more attention to their own condition.
hero member
Activity: 1736
Merit: 501
September 26, 2023, 01:34:16 PM
#73
If the war is between two major countries, it will impact the global economy. Let's take Russia-Ukrain war. This has hugely impacted the World. Commodities prices are increasing, and so does the inflation. Global oil supply is significantly reduced after sanctions on Russia. Natural Gas prices are also increasing. Many countries are going into recession. Economies are shrinking.  
On the other hand, small-scale wars in the Middle East or Africa are not impacting the global economy. It is impacting the countries that are at war with each other.
The war between Russia and Ukraine not only had an economic impact, but also a physical impact and of course claimed the lives of hundreds of thousands of people and destroyed many cities so that more than eight million Ukrainians had to flee and spread to other European countries.

In fact, many countries depend on Russia and Ukraine. Their continued war will result in the weakening of the economies of countries that depend on each other. But on the other hand, Europe was the cause of the global economic crisis, not because of the war. because Europe and the West are blocking all basic interests to stop Russia. So it's their own fault because the West sanctions all goods from Europe and shuts down all goods from Russia.
hero member
Activity: 2800
Merit: 595
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September 26, 2023, 01:01:22 PM
#72
War has a great impact on the economy because desire for resources increases but due to war one cannot get it easily. Trading mechanism in both countries will be cease due to war therefore neither they can export their materials to other countries nor they can demand from other countries for their needed materials.

Oil and gas which is also known as energy become more higher in worth therefore if it become elevated in price then related materials also boost in value. Sometimes people migrate from those countries where situations of war arises because everyone wants to live a better life and where they can find numerous job opportunities as country having war will not avail job opportunities for individual and everything will be effected a lot.

So far the war as of now has yet not arrived in a military showdown. But because we are still in an economic war, it is a slow suffering and sanctions are affecting those countries with no resources while oil countries are dumping USD.

Once the war in Russia-Ukraine spills out, those allies are going to launch their weapons, it will be destruction and I hope someone with a clear mind will prevent it from happening because seriously, even the POPE who of all people will think of peace was calling for more weapons to be sent to Ukraine. For Christ sake, this POPE needs to be sent to Ukraine to see for himself.
hero member
Activity: 2506
Merit: 645
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September 26, 2023, 12:39:03 PM
#71
War has a great impact on the economy because desire for resources increases but due to war one cannot get it easily. Trading mechanism in both countries will be cease due to war therefore neither they can export their materials to other countries nor they can demand from other countries for their needed materials.

Oil and gas which is also known as energy become more higher in worth therefore if it become elevated in price then related materials also boost in value. Sometimes people migrate from those countries where situations of war arises because everyone wants to live a better life and where they can find numerous job opportunities as country having war will not avail job opportunities for individual and everything will be effected a lot.
hero member
Activity: 1666
Merit: 453
September 26, 2023, 08:52:51 AM
#70
This could be the case if war occurs, it is heartbreaking, both the economy, food and finances will suffer, considering that wars sometimes occur, of course it is possible that access to supplies and food will decline, if the loss of building materials, public facilities and those covering the area after the war will be felt. the expenses. The war that follows will certainly swell the budget if it has to be repaired and rebuilt if it is razed to the ground. The war has a lot to do with the survival of society.

Actually, the effect of two countries fighting for all countries around the world is not really good. If those countries that are far away from the country that is at war are feeling the bad effects of it, how about the countries that are close to the warring country itself?

This country of ours is far from Russia, but we can feel its effect on the increase in fuel and other things we buy here. Because Russia exports other things to our country.
hero member
Activity: 812
Merit: 619
September 26, 2023, 04:50:26 AM
#69

If the war is between two major countries, it will impact the global economy. Let's take Russia-Ukrain war. This has hugely impacted the World. Commodities prices are increasing, and so does the inflation. Global oil supply is significantly reduced after sanctions on Russia. Natural Gas prices are also increasing. Many countries are going into recession. Economies are shrinking.  
On the other hand, small-scale wars in the Middle East or Africa are not impacting the global economy. It is impacting the countries that are at war with each other.

That's true, due to war b/w these two big countries many countries affected because Russia is third big supplier of oil and at the time of war those countries who was buying from Russian demnaded from other countries and famous economics law 'law of demand " applied which has direct impact on the price. unfortunately our inflation rate in our country rised so much because of this war.

Afghanistan war also affected our country as million of afghan civilians affected and migrated to our country. The major problem of food, place, service and peace force them to do so.  The money US wasted in war was more than trillion and this money could be used for health , education and other devolping works. These war are still not big but If conflict happen between any two  atomic power countries with use of atom bomb then all near countries will be badly affected and biggest economics crisis will happen.
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