Topic: The impact of war on global economy. - page 6. (Read 2983 times)

Wars devastate, yes. There's more to food scarcity than missing meals. A damaged supply chain affects the economy and everyone's wallet. Farmers, traders, and consumers can't? They're left behind, prices soar, and purchasing power plummets. Wars freeze and reverse time. Education, healthcare, and innovation lose money for every bullet fired and field burned. And recovery? Economic revival is painful, not just rebuilding. This is about future prosperity, not simply survival. War is a luxury no nation can afford, as the economy shows

In addition, war also caused the government to spend way more than its normal budget.  It also makes people suffer.  Transportation and logistic is also greatly affected so the distribution of trade is interrupted.  Continued war can result in famine, economic crash, destruction of properties and living things, and many more.  The only sectors that profit in this war are the weapon manufacturers and medical supplier.

You have voiced a very subtle topic.
The point is that the GDP of a country that is actively at war may look good on the one hand, but on the other hand you have to realize that during a war the GDP generates products and services that do not create additional value for the economy. Take for example the terrorist country Russia - they claim that the economy is doing well, but in reality the economy is collapsing and the population is poor. Why ? Because about 40% of russia's budget goes to support the terrorist war - ammunition, shells, equipment, ammunition, payments to terrorists of the rf army...... And all this, after a very short time, turns into smoke, burned debris, corpses of their soldiers (and the loss of able-bodied population).  So the GDP of a country at war is not equal to the same GDP in peacetime !

I don't care if the increase in the national GDP of some countries can be caused by war and that some stock prices can rise, war is bad. Period. Innocent people are suffering, kids are dying FFS. The fact that it can be profitable for some people is disgusting. Everybody knows that and yet here we are: a lot of terrible wars in the 21st century.

Wars lead to the economic and infrastructure deterioration of countries, leading to a decline in the prices of financial assets such as stocks, and an increase in the value of safe currencies such as gold and the Japanese yen. Wars greatly affect the foreign exchange (Forex) market, as currency rates can change suddenly. When a war breaks out in a region, investors become cautious and look for currencies that are considered safe
Affects markets and currencies
Affects monetary policy
Impact on international investment
Impact on emerging markets and their stability.
There is many others problems that can effect all the planet.

There are many environmental impacts resulting from the war and it will be very difficult to recover and it will take a long time to be able to rebuild and this will be very detrimental to the people who live in that environment so they have to find a suitable place to live for them in a new place.

The destruction caused by war will indeed cause local people to lose their homes and have difficulty meeting nutritional needs in places of detention and many diseases suffered by those who are displaced due to war and this is truly a shame if war occurs in a country.

That is just part of several main things that can arise when war conditions begin to occur in a place. Because in general war can make the economy worse so that things such as foodstuffs and ready-to-use food are also affected by no longer being able to be supplied as they should. So these things were the first to experience bad influences apart from other things such as education and the development of the country's infrastructure which had not been completely repaired before the war occurred.

Apart from that, war itself can also destroy all agricultural land which can still be used as a basic source of food for local residents so that the food sector itself can suddenly experience paralysis if the war is still going on and never ends. Because farmers in war areas will definitely not be able to carry out their own activities as usual because they have to continue to protect themselves from war attacks, so this can really paralyze all economic sectors in a certain area.

Spot on my friend but I’d also like to add some other things that are also impacted by global wars, one of them is Environmental degradation that has to do with the surroundings affected by the wars most depending on the type of weapons used the soils and water of the surrounding war fields become toxic for plant and human lives making it unsuitable to grow food and also for people to live in such surroundings.
Another major impact is that wars lead to extreme poverty most sources of livelihoods are destroyed during wars causing the nation’s to plunge into extreme poverty which in turn also leads to food insecurity starvation and further malnutrition just to name a few.
Not to even talk about displacement many people loose their families and friends, cultures and also history during times like this leaving them with no past only a present and a future it’s a sickening tale one we should all try to prevent at all cost.

^ not sure which media DrBeer is watching really but it's feeding him the wrong information.
the media has a very huge disconnection to reality, they don't even report what is going on to the farmers in EU and the farmers in Canada blocking their highways in protest to the lies being told to the public. they all wake up seeing the truth. 

i know it must be frustrating to watch Tucker's interview with Putin but at least the 70-year-old man knows exactly what he is talking about.  they are using rubles and yuan in their transactions, and their economies are fine.

My little lying friend, why do you always lie? It's embarrassing, every word you post is a lie, literally every single word:


Meanwhile, Ukraine is losing this war, losing territory day by day, Avdiivka is about to fall it's already partly occupied by the Russians, they also entered Novomykhailivka recently, other locations on the frontline are equally alarming for AFU. What's more, AFU commander-in-chief Zaluzhny has been fired by president Zelensky for poor performance. Still willing to laugh?

Not surprising news, but thought oil and other resources "transferring economy", would start exchanging for food later. I guess the collapse of the Russian economy is accelerating
So the news: Russia has started exchanging oil for Indian bananas.
Russian authorities are launching a "banana scheme" to solve the problem of trade imbalance with India, which has increased its oil purchases from Russia 11 times since the war began, but has not launched a reciprocal flow of goods to the Russian market.

Beautiful game of India and China, by this raw material appendage

PS have you laughed already ? You think that's all ? NO ! 

"State Duma deputy Gavrilov called for exchanging oil for flowers from Kenya and Colombia. State Duma deputy from the CPRF faction Sergei Gavrilov suggested exchanging Russian oil for tulips and other flowers from Kenya, Ecuador and Colombia. His words are quoted by RIA Novosti."
 

Right now a silent wealth redistribution is taking place and I am quite happy with that. Countries such as India and China are getting Russian hydrocarbons at a discount, and they are able to earn good profits by re-selling refined products to Europe. Also cheap Russian crude oil has lowered benchmark oil prices by quite a bit. It is good that Europeans are paying a premium, since they can afford it. I hope that this situation will continue for another 5-10 years, or until when EVs are able to fully replace gasoline and diesel driven vehicles.

War is chaos, no matter who's involved in it. As long as they lose something—lives, food, oil, or any resources—there will be no winner. War is the only end point of a conversation in a country if they can't come up with an argument, but they are not thinking about their citizens, even their own country. No matter what war they do and how they defeat another country, they still can't be considered a winner as they still lose something. Not just food, but more valuable than that is human life. We don't know why some leaders of a country will engage in or result in this kind of event; what would they achieve from it, dominance? Power? All of that will be meaningless if they lose all they have, including the lives of their citizens. Instead of protecting their citizens by not engaging in a war, they still engage as part of their ego.

Wars put a stop to everything. Any advances in economic, technological and infrastructural development would be lost. A country having entered a full blown war with an equally formidable opponent would prioritize the need to crush their enemies and win the war than how the economy is faring. The sooner the war is over, the sooner growth and progress can again resume.

You would be really lucky if a country in an all out war manages to grow enough food to even consider circulating.
Food products normally imported would decrease to the barest minimum or even stopped as funds would be diverted to the war efforts. So I think ending the war would be more serious.

Yes, maybe the impact of war on the global economy indeed gives concerns about the stability of the global economy and produces significant effects on finance. This condition will also lead to worries whose threat of protectionism will potentially damage the open global trade system. This trade war will have an impact on several economic and financial market sectors, maybe among:
   1. Global economic growth.
This trade war has had a significant impact on global economic growth. Such as the decline in international trade and economic uncertainty that has hampered business investment in investment so that the slowing global economic growth.
   2. Uncertainty of supply chain.
This war will create uncertainty in this case. Which might also affect the economic sector and financial markets that exist throughout the world.
   3. Regional Economic Stability: A trade war between the US and China has also led to regional economic stability with several countries so as to consider strategies and search for other alternative markets.
The impact of this trade war has also exceeded which is detrimental to the economy directly. And increase uncertainty in the political economic politics that interfere with open global trade. Therefore, a broader collaboration effort is needed to be able to resolve this conflict, and can develop long -term and sustainable solutions to the global economy going forward.

True. Though number 2 is a fact and not an impact of war. Oil even promotes war due to its importance. Some other impacts I can think of include that war hinders the flow of goods and services which has its role to play on global economy. War also bring about debt because funding war is expensive and most time it’s expensive than a government can afford (all of the ammunitions and machinery used), so they are forced to borrow. And war is really disastrous to economies because it destroys everything and is sometimes a fresh start.

During the war, I don't think that the first thing to consider should be the economy; the life of the people and their safety should be the highest priority of the government, all the government cared about at that time was how to beat their brother country, And the economy is like a country's business, and other countries, such as the UN, must come to the people's aid, yet despite all of this, our nations continue to turn a deaf ear. People become hungry since it will be considerably more difficult to gain access to your home and all of the assets it contains.  because even with the aid it would still get to everybody, and they might not get efficient people to voluntarily participate, and that is why you just have to hope to be among the lucky people during war.

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.

Thanks a lot

That depends, if your country is a war profiteering nation like US, UK and Germany then you're likely going to see an increase in your national GDP but if your country is the warzone, it's probably a likely thing that your GDP won't be that huge.
That depends, say for example in a war torn country that has the largest factory of a particular company and the factory of that company was a casualty to the war, I think that could be a case that the stock price of that particular company or if they've got a really big customer/consumer base in a war torn country then probably we would see the same thing too but if they don't have those, I don't think war affects a stock price that much.