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Topic: The impact of war on global economy. - page 15. (Read 2948 times)

legendary
Activity: 1974
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Free Free Palestine
September 26, 2023, 04:21:31 AM
#68
I think war always bring bad impact to the world economy. imagine this, build a building from destructed building is more expensive rather than build a building on empty land. war will make the cost for development increase a lot, it will really slow the progress and as human we maybe don't have enough power or resource to anticipate bad things from nature that maybe come in the future.

The war was very detrimental to both sides. But when a country wins a war or becomes an aggressor it will be quite profitable from a geopolitical perspective. For example, they can give a warning to other countries, and make the attacked country have to surrender and sign some peace treaty. The prolonged conflict between Russia and Ukraine also has an impact on the world. There will be many parties who interfere, causing imbalances in various vital areas in the world, such as the food crisis, energy limitations and world inflation.


War not only causes damage to the parties involved but also affects the whole world because we are a chain and if one link is broken, it will cause serious chain consequences. Just like the war between Russia and Ukraine, it not only has a negative impact on the two countries but also directly affects us, low-income people in third world countries. Inflation and the energy crisis will lead to crises in every aspect of our lives. War is truly cruel and the consequences are enormous.
full member
Activity: 938
Merit: 108
OrangeFren.com
September 26, 2023, 04:02:46 AM
#67
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.

We will not really benefit from any war that takes place in another country, but it will even cause harm to the countries that are close to it, especially if the country involved in the war is one of those that export products to us that are also benefited by our country.

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.

hero member
Activity: 1288
Merit: 524
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September 26, 2023, 12:23:30 AM
#66
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?

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.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 12:04:23 AM
#65
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?
War is one thing that can disturb the economic position of a country. When a war breaks out in a country, it affects the nation in many ways, and that nation suffers the most. War is never a good sign, especially when the economic position of the country is different and the country suffers from absolute poverty. And when an economic crisis occurs in a country due to war, people suffer the most, everything from their food to their products is affected. Moreover, the stock price fall causes that problem to appear in the market and everywhere affected by it should not be fought but prevented. Moreover, oil is another important resource of a country without which a country can become immobilized. That is why, of all the countries that avoided the war, we saw that the Ukraine war suffered a lot in the nation where the power supply was disrupted. So when war starts in any country of the world, those countries are the most affected economically.
Definitely, war makes a mess of everything. When nations are destroyed and economies collapse, regular people suffer the most. It's a terrible situation. Everything is in disarray: people, their families, their means of livelihood. You're right that the war in Ukraine was a catastrophe for the country. After losing power, everything began to fall apart. It's a horror show. And the economy? The stock market drops, and I won't even mention the state of the oil market or other commodities. In the midst of this terrible confusion, nothing makes sense. It's a sobering reminder of why war should never be the first option. Because at the end of the day, it’s the ordinary people who pay the price
sr. member
Activity: 2436
Merit: 455
September 25, 2023, 11:48:23 PM
#64
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.
sr. member
Activity: 644
Merit: 321
I like to treat everyone as a friend 🔹
September 25, 2023, 11:29:42 PM
#63
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?
War is one thing that can disturb the economic position of a country. When a war breaks out in a country, it affects the nation in many ways, and that nation suffers the most. War is never a good sign, especially when the economic position of the country is different and the country suffers from absolute poverty. And when an economic crisis occurs in a country due to war, people suffer the most, everything from their food to their products is affected. Moreover, the stock price fall causes that problem to appear in the market and everywhere affected by it should not be fought but prevented. Moreover, oil is another important resource of a country without which a country can become immobilized. That is why, of all the countries that avoided the war, we saw that the Ukraine war suffered a lot in the nation where the power supply was disrupted. So when war starts in any country of the world, those countries are the most affected economically.
sr. member
Activity: 1512
Merit: 397
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September 25, 2023, 09:59:47 PM
#62
I think war always bring bad impact to the world economy. imagine this, build a building from destructed building is more expensive rather than build a building on empty land. war will make the cost for development increase a lot, it will really slow the progress and as human we maybe don't have enough power or resource to anticipate bad things from nature that maybe come in the future.

The war was very detrimental to both sides. But when a country wins a war or becomes an aggressor it will be quite profitable from a geopolitical perspective. For example, they can give a warning to other countries, and make the attacked country have to surrender and sign some peace treaty. The prolonged conflict between Russia and Ukraine also has an impact on the world. There will be many parties who interfere, causing imbalances in various vital areas in the world, such as the food crisis, energy limitations and world inflation.
sr. member
Activity: 812
Merit: 257
PredX - AI-Powered Prediction Market
September 25, 2023, 07:15:47 PM
#61
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.
legendary
Activity: 3752
Merit: 1864
September 25, 2023, 12:12:37 PM
#60
Some nations like USA live for war, they have to have war every few years, and send their troops and all their shiny new gadgets to other nations to attack, otherwise they are not going to sustain. This is a nation with no danger on their country at all, nobody is attacking them and haven't in centuries, and yet they are spending a trillion dollars per year on military, and they keep suggesting that they have to otherwise something bad may happen the moment they stop, and in order to justify that they have to attack somewhere. Outside of that, no other nation would profit from war, there is no reason for war neither, but obviously humanity is not like that at all, for some reason we keep attacking each other constantly.

That's a dubious thought. And I'll explain why. War is a very expensive and costly endeavor. Yes, the US military-industrial complex makes good money, and that is if it is a participant in the war. But the budget of the country incurs huge costs. War is a very expensive "pleasure". And its goal should be such that it pays off these costs. I honestly don't remember in the last 100 years that the US started a war and then seized someone's territory and resources. You must be confused with Russia, which has phantom fantasies of "empire" and "greatness", which for 20 years has been trying, and partially succeeding, to seize other people's lands and resources, and putting the inhabitants of the occupied territories into a slave existence.
U.S. participation, for example, in helping Ukraine against the terrorist war unleashed by Russia, is a CONsequence of Russian aggression. Moreover, it is very late.
But maybe I don't know examples that you can give to explain your IDEA ? I will be glad to familiarize myself with these facts !
full member
Activity: 406
Merit: 188
September 25, 2023, 11:56:15 AM
#59
The impact of the war has added alarming pressure to inflation in the world economy natural gas prices are increasing rapidly. Global stocks and indices continue to fall along with that gold and aluminum prices have also started to increase. Russia's aggression has started to affect the global market from wheat to fuel prices. Restlessness is appearing in other sectors of the economy as well the Western business institutions began to suffer of the war but the economy of developed countries has gone through the crisis but there is no exaggerated negative propaganda. The price of food grains imported and exported through this route is increasing due to the attack on Ukraine. Due to the corona epidemic the purchasing power of people in many parts of the world has already decreased if the price of food increases again it will increase the crisis.

While food prices are falling around the world, food prices in the country I live in have increased more than ever before. Both global economic problems and wrong policies of the state caused inflation to increase more than normal.

The negativities brought about by Russia-Ukraine and Corona also brought the economy to this state. In general, I do not think that the recovery phase has been reached. There is just a recession.
sr. member
Activity: 616
Merit: 317
Vave.com - Crypto Casino
September 25, 2023, 11:38:56 AM
#58
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 course, the impact of war if the war does not stop, then the country could experience a recession due to a decrease in GDP. The impact of war will also cause economic depression ranging from unemployment, crime, to food crises. If we look at the war between Russia and Ukraine. The war that occurred between Russia and Ukraine not only had an impact on the national economy and taxation, but also had an impact on countries in the world. Apart from that, of course the war between these two countries also had an impact on increasing world oil prices. Because so far Russia is the second largest oil producing country after America. With this war, of course oil production in Russia experienced obstacles, thus affecting the flow of oil exports, including to other countries. This will also have an impact on import taxes and VAT.

But what actually had the most impact apart from what you mentioned above was the very sad situation, lots of blood flowing, building debris and all the bad things resulting from the war that was there. Many innocent people become victims, especially women and children. Families must be separated. Children and women fled. I find it hard to imagine how they feel. It could be said that war is a human tragedy.
full member
Activity: 938
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OrangeFren.com
September 25, 2023, 11:02:32 AM
#57
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?

Obviously, the impact of the wars in other nations is obvious; it is not simply oil that is being hiked. Almost all of the commodities required by ordinary people like ourselves have been produced. Almost every country is affected.

Right here in our country, our economy is recovering like a turtle, but it is still accompanied by inflation, which is the cause of the rise in prime commodities in our lives. The number of unemployed persons is also on the rise.
sr. member
Activity: 700
Merit: 270
September 25, 2023, 10:58:56 AM
#56
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?

I think there is nobody that benefits from war, that is why Winston Churchill said, "it's better to jaw-jaw than to war-war".
First, war shrinks the economy of the waring countries, because manufacturing, production and supplying will be brought to a halt, thereby affecting the growth of GDP of the countries involved.

Importation of finished product to the international market will be grounded totally,  because international flights might be restricted from those countries at war.
So if the countries at war, are well known crude oil producing countries, you will notice that, there will be shortage of supply of crude oil to the international market, thereby affecting the global economy.
hero member
Activity: 3038
Merit: 634
September 25, 2023, 10:12:34 AM
#55
Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.

While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.

On for the affected land masses of the war, the decline of prices of the lands there are massively happening.
You have just summarised the OP unintentionally. Everything is affected by war. I haven't witnessed a full blown up war in my country but I have watched in the television. I have also read in the news and also been told by friends in the affected countries.  Tbh, if it is possible, war needs to be avoided by all means. Op hurriedly listed a few things that are affected by war, but I might decide to elaborate but let me just categorise the effects of war in the economy.
  • Internal disruption 
  • External effects
  • Natural disruption
In the internal, only the countries at war will suffer as there will be no good food and freedom of movement by the citizens.
In the External, you will understand that neighbouring countries and other countries that depends on the affected country for trades and other international relations will suffer. While the natural effects talks about the environment disorder which affects even the nature and animals. If possible, leave peaceably with all men and shun war.
I didn't noticed that.

We're fortunate that we've never experienced the whole and worst impact of that war physically but with the effect of it globally, we're all affected.

As much as we want to end these wars and avoid them at all cost, we don't know what's on the mind of the world leaders. Maybe those conspiracy theories are right about them, it's all about money and arm sales.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
September 25, 2023, 08:15:49 AM
#54
Internal conflicts with insurgents even have a huge impact in a country's economy how much more when we are going to talk about global one. Those lists could be partial because I know each and everyone of us has opinions regarding impacts of war on global economy. Though my lists are common but still counts as valid impacts. Aye?! 😁
sr. member
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September 25, 2023, 07:47:26 AM
#53
it feels right. The second point is the most important I think. I saw that during the war between Russia and Ukraine. I think oil is very important. but not just those 3 points. I think electricity and food will of course increase. that was because of the difficulty in trading in the middle of a warring city. it should just be a stock for emergency supplies.
sr. member
Activity: 1204
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September 25, 2023, 07:15:13 AM
#52
The impact of the war has added alarming pressure to inflation in the world economy natural gas prices are increasing rapidly. Global stocks and indices continue to fall along with that gold and aluminum prices have also started to increase. Russia's aggression has started to affect the global market from wheat to fuel prices. Restlessness is appearing in other sectors of the economy as well the Western business institutions began to suffer of the war but the economy of developed countries has gone through the crisis but there is no exaggerated negative propaganda. The price of food grains imported and exported through this route is increasing due to the attack on Ukraine. Due to the corona epidemic the purchasing power of people in many parts of the world has already decreased if the price of food increases again it will increase the crisis.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
September 25, 2023, 06:20:35 AM
#51
I prefer 2 and 3 as the greatest effects of war on the global economy. In wars, oil becomes the first target because the war machine depletes fuel and the demand for fuel becomes very large. Also, due to the poor security conditions, transportation and transportation methods become very dangerous and expensive, and this leads to a crisis. Great global due to the rise in fuel as we witnessed in the Russia-Ukraine war.

Wars also affect the stock market and cause stock prices to fall due to the fears raised by wars. Fears arise among most people, especially large investors, and they may resort to selling stocks and buying valuable assets such as gold and perhaps Bitcoin.
sr. member
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September 25, 2023, 05:48:59 AM
#50
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?

There is no doubt that war has a very bad effect on the world economy.The economy of poor countries is badly damaged by war.Due to the bad effects of war, the growth rate of national GDP decreases and some countries' GDP even goes into the negative.It is obvious that if there is a war, the rate of your national production will decrease.

War is also likely to cause food shortages, which in turn increases the prices of all things.It is true that oil will be considered the most important resource in modern warfare because the countries that have more oil production can stop or increase oil production.Just as in the war between Russia and Ukraine, Russia threatened to reduce or cut off gas supplies to European countries, due to which gas prices in European countries have increased significantly.


As soon as there is news of war anywhere in the world, it has a very bad effect on the stock market.Most of the countries' stock markets fall and all investors are at risk of losing their money. Of course, war is dangerous for the stock market.I think the neighboring countries of this country will be very badly affected in case of war.Because refugees from war-torn areas are often forced to seek refuge in neighboring countries, which is likely to increase the burden on the economy of these countries.
hero member
Activity: 1470
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dont be greedy
September 25, 2023, 03:05:29 AM
#49
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?
As you mentioned, oil will be in high demand for fueling warfare, and stock prices will experience extreme volatility as a result. The consequences of war indeed lead to substantial losses.

However, as you pointed out in the second point, if the demand for oil increases, it implies that energy-related stock prices will also rise. Furthermore, defense-related stocks will naturally surge in value because many countries require them. Savvy investors will be wise to safeguard their assets during the crash that may occur during a world war.
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