Topic: The impact of war on global economy. - page 8. (Read 2948 times)

As long as there are leaders who are selfish and have no shame in anything, war will always exist in this world because the purpose of war is to slaughter each other, not to make peace. So I also hope that in the future there will be no more leaders of any country who feel selfish and feel more powerful so that it could cause another prolonged war in certain regions.

Everyone can see what happened to European countries that were involved in war and also see what happened to countries in the Middle East as a result of war. Almost all infrastructure destruction occurs through war, so it is appropriate for all leaders to open their eyes to set the intention to make peace so that any destruction can be stopped well.

Everyone has the same hopes. The victims were mostly civilians, children and women.

It's quite sad to have to lose parents and parents to lose their beloved children. It's true, the war also resulted in a shortage of food supplies, even though a lot of aid came, it was definitely not evenly distributed and business activities were also disrupted.

The saddest thing right now is what is happening in Middle East right now. I also hope that this conflict will be resolved quickly and find a good middle ground.
     

true, global economy also impacted with the changing landscapes, diplomacy should always be the best way to discuss problems about dispute in the border, etc but many countries just instead outright trying to take the most destructive path ever that is the war, I personally would prefer the world to be in peace, where there's no human would be sacrificed in the war but alas it seems thats quite hard to implement.
because sometime with diplomacy they'd meet dead end which later then caused the aggression.
but seeing the overall economic globally, it further increase the fluctuation rate which might be worrying for some people with minimum wage because their purchasing power is plummeting.

of course there will be an impact from the war itself, but in general it will definitely be on the economy where economic activity will be indirectly hampered whether it is export or import goods in one country, even domestic trade will be very bad because of the lack of supply, because of this all prices will go up and there won't even be any stock.
Apart from economics, it is a humanitarian problem, where there will be many civilians and children who will become victims
I hope that in this world no one will wage war again and that countries that are at war will soon be at peace

Damn, you're so retarded you pasted your post contents twice! 

Anyway, all this doesn't have anything to do with sanctions. All consequences you have mentioned were in fact caused by highly ineffective and poorly managed planned economy of USSR. But even then USSR could have easily continued to exist. If only the US wouldn't have paid Gorbachev, Yeltsin and national movements in the republics to destroy it. Anyone with at least room temperature IQ understands this.

Of course, I knew that the intellect and you are two parallel lines But I didn’t think that you were also far from each other, that even the shadow of the intellect did not fall on you

Well, ok, it’s not difficult for me, I’ll explain.
There are words written there that are incomprehensible to you:
- decrease in economic growth rates;
- chronic shortage of food and consumer goods;
- the growing scientific and technical lag of the USSR from Western countries;
- exhaustion of the possibilities of the extensive economy;

This means:
- in the USSR they could no longer support the economy due to its degradation
- the economy of the USSR during this period became so weak that the economy of the BIGGEST COUNTRY in the world, with 40% of all earth resources, could not even provide its residents with food!
- due to the impossibility of receiving technology from the West, the USSR could not produce high-tech goods, because its own economy was weak, and “every day” it was getting weaker.
- but this one will be difficult. The word “extensive economy” has clearly broken the remains of your gray matter But I always help the weaker, and even the intellectually weak like you I will teach you this word. An extensive economy means that the economy is built through new construction, the development of new lands, the use of untouched natural resources, an increase in the number of workers, etc.

Now strain your first vertical brain gyrus and draw a conclusion - if before the sanctions there were no such problems, but after the sanctions they appeared - what was the consequence of such problems, or significantly influenced their appearance? I'm waiting for an interesting answer from your vertical brain gyrus?!

Of course, I knew that the intellect and you are two parallel lines But I didn’t think that you were also far from each other, that even the shadow of the intellect did not fall on you

Well, ok, it’s not difficult for me, I’ll explain.
There are words written there that are incomprehensible to you:
- decrease in economic growth rates;
- chronic shortage of food and consumer goods;
- the growing scientific and technical lag of the USSR from Western countries;
- exhaustion of the possibilities of the extensive economy;

This means:
- in the USSR they could no longer support the economy due to its degradation
- the economy of the USSR during this period became so weak that the economy of the BIGGEST COUNTRY in the world, with 40% of all earth resources, could not even provide its residents with food!
- due to the impossibility of receiving technology from the West, the USSR could not produce high-tech goods, because its own economy was weak, and “every day” it was getting weaker.
- but this one will be difficult. The word “extensive economy” has clearly broken the remains of your gray matter But I always help the weaker, and even the intellectually weak like you I will teach you this word. An extensive economy means that the economy is built through new construction, the development of new lands, the use of untouched natural resources, an increase in the number of workers, etc.

Now strain your first vertical gyrus and draw a conclusion - if before the sanctions there were no such problems, but after the sanctions they appeared - what was the consequence of such problems, or significantly influenced their appearance? I'm waiting for an interesting answer from your vertical gyrus?!

PS I sincerely hope that you understand what a “brain gyrus” is! Although... 

War is a disaster that should never be resorted to. It is a costly and destructive path that leads to suffering and long-lasting scars. The ongoing conflict in Ukraine is a tragic example of the human cost of war. Millions of people have been displaced from their homes, their lives turned upside down. Cities and infrastructure have been ravaged causing economic hardship and hindering humanitarian efforts.

The psychological trauma of war will continue to affect people and communities for years. We must never forget that war is a last resort, not a solution. Diplomacy and dialogue are the only paths to resolving conflicts peacefully and building a brighter future for all.

World War has negative impact on countries because there is not a single country which is completely independent therefore for anything which is not present in their country they continue the process of import and export to offer each facility to their citizens. The price of certain things increases because that are not present in a country and from outside the country when war persist then it is not possible to carry out import and export.

Oil and other energy cost can be greatly enhance due to global war but in my perspective crypto is totally unaffected with war because bitcoin price remains at the same position but instead any harmful effect on bitcoin the price of it is increasing continuously. The effect on bitcoin is only due to rumours as well supply and demand but wars have no effect on crypto market at all.

OMG, you're hilarious!  I don't even have to respond because you're debunking your own lies literally! 

Neither your "assessment of problems" list nor the article you mentioned (at least Google translated version) doesn't contain any mention of Western sanctions being the reason of USSR collapsing. It reminds me of police reading you your rights to not testify against yourself but you're still self-incriminating    Tell me, are you retarded?

I can't even add anything, you've done it all yourself.... sanctions don't work! 

Anyways, you still have time to join the military and go meet your heroic compatriots in the eastern front. I know you're too cowardly to do it, right?

I think it's true that world war will not only have an impact on stocks, even crypto and gold will also have a very big impact and currencies in certain countries will also be affected, I think and oil could be the most important resource, even the price of oil can become very expensive in some countries. What do you think, I'm just saying what's in my head, correct me if I'm wrong, give me your opinion about this, is there a positive impact?

Ok, let's assume you're right !
Then 3 questions:
1. When were sanctions imposed against the USSR ? And how did they affect the economy ? And a couple of words about the general standard of living of the USSR population, economy ?
2. What steps specifically aimed at the collapse of the USSR did Gorbachev take. Provided that he initiated reforms aimed at economic acceleration, glasnost and democratization of state and socio-political life. Aimed at improving the lives of the population after a prolonged economic downturn.
3. what do you say about the fact that Gorbachev tried to preserve the USSR, and these attempts were "annulled" by the election of Boris Yeltsin on May 29, 1990, which put an end to the process of the collapse of the USSR ?

Only plz facts, because here it will not be possible to push fantasies, because I lived at that time, and observed the processes from inside the USSR

I'll just leave it here - it's an assessment of the problems of the USSR before it collapsed:

- declining rates of economic growth;
- chronic shortages of food and consumer goods;
- the growing scientific and technical lag of the USSR from Western countries;
- exhaustion of the possibilities of extensive economy;

Did Gorbachev do all this?


PS And this is for study: https://tass.ru/ekonomika/13140823

USSR didn't collapse because of sanctions. You can look it up anywhere you like. I guess that is the reason why you're not mentioning the source?

The real reason USSR collapsed was Mikhail Gorbachev. I'm not sure if he was a CIA agent or just was paid to do what he did but he was the real reason USSR collapsed. Yes, in some parts of USSR (like the Baltic States) strong national movements existed. But not in Ukraine, Belarus etc. where the politicians let alone most common folks didn't want independence from Russia and didn't know what to do with it. Both Kravchuk and Shushkevich were shocked when they heard it for the first time as they only came to Belavezhskaya Pushcha to sign new agreements on gas deliveries to the republics, Yeltsin granting independence to their countries came out of the blue. What economic sanctions have to do with it?

And not just grain. In general, RASHIZM itself is an ideology of murderers, thieves and looters. They have been proving this "successfully" since the Soviet era.

In addition to grain, plundering of territories, looting of private apartments and houses, the terrorist country has stolen entire factories in Ukraine! There are many reasons for this, but one of the main ones is Russia's backwardness in some areas of industry and high dependence on imported components.

Here is a small list of what Russia has destroyed and stolen:

Luhansk Electromachinery Plant. Condition: stolen for scrap metal, part of the equipment was taken to Russia
Luhansk Machine-Building Plant (Luhansk Machine-Builder-43) Status: destroyed, equipment taken to Russia.
Stakhanov Ferroalloy Plant Status: militants' base on the territory. Part of the equipment was taken to Russia, cut into scrap metal and melted down at the Alchevsk Iron and Steel Works;
Stakhanov Carriage Works Status: on the territory of militants' base, equipment taken to Russia.
Yasynuvata Machine-Building Plant Status: destroyed, equipment taken to Russia.
Topaz Holding Company Status: fortified area, militants' base, all equipment taken to Russia.
Lutuhyne Research and Production Rolling Plant Status: plant destroyed, equipment taken to Russia.
Luhansk Cartridge Plant Status: terrorists' equipment repair base, deployment point, all equipment taken to Russia.
Machine-building plant "100"[1] Status: 90% of the equipment has been taken to Russia, a militant base.
Yunist plant Krasnodon-Luhansk Status: militants' base, equipment completely removed to Russia.
Luhansk Chemical and Pharmaceutical Plant[2] Status: the plant was destroyed, equipment was taken to Russia.
Luhansk plant of heat engineering equipment[3] Status: the plant was destroyed, the equipment was taken to Russia
Luhansk Automobile Valve Plant[4] Condition: stolen, cut into scrap metal
Luhansk Automobile Radiator Plant Condition: looted, cut into scrap metal
Khartsyzsk Machine-Building Plant Status: plant destroyed, equipment exported to Russia
"LugaTerm Condition: stolen for scrap metal, part of the equipment exported to Russia
Donets State Enterprise is known for its technology for growing crystals for the microelectronics industry. Status: exported to Russia;
Polypak enterprise Status: exported to Russia;
Marshal Plant Condition: taken to Russia, the plant has a repair base and artillery parking lot;
Luhansk Pipe Rolling Plant Status: production has been halted, the plant is being cut for scrap metal;
Vtorchermet Plant Status: completely sawn up for scrap;
Bryansk Ore Repair Plant (in the town of Bryanka) Status: completely sawn up for scrap;
Chornukhino traction rolling stock depot (the so-called "car depot") Condition: cut up for scrap metal (including railcars and access roads);
Luhansk Foundry and Mechanical Plant Condition: cut into scrap metal
Rolled metal products plant "ProkatService" Condition: the plant was destroyed and the equipment was taken to Russia.
Autoclave plant Condition: stolen, cut into scrap metal
Luhansk Aircraft Repair Plant Status: taken to Russia;

In preparation for the invasion of Ukraine, Russia had already planned in advance to steal Ukrainian grain reserves and create an artificial food problem for the residents of Ukraine.

When Russian tanks crossed the Ukrainian border on February 24, 2022, they deliberately targeted grain-rich areas and food production infrastructure, according to a new report from global human rights law firm Global Rights Compliance (GRC).

GRC discovered that the Russian defense contractor began purchasing grain trucks, as well as three new 170-meter bulk carriers, as early as December 2021. This indicates a plan to steal Ukrainian food “on an unprecedented scale.” Russia began seizing Ukrainian farms less than a week after the invasion and at its peak was exporting 12,000 tons of grain daily from all occupied territories. The market value of grain stolen in Ukraine is about $1 billion a year. According to GRC, many private Ukrainian grain companies were forcibly included in the Russian state operator.
In this regard, Russian dictator Putin may receive another warrant for his arrest from the International Criminal Court in The Hague.

According to The Independent, due to the war that broke out in Ukraine, Russia caused a global food crisis that affected millions of people, since before the war Ukraine was the world's largest producer of wheat.

https://tsn.ua/ru/svit/planirovali-golod-v-ukraine-putin-mozhet-poluchit-novyy-order-na-arest-ot-gaagi-2451979.html

Yes, you are absolutely right. If we see Russia Ukraine war then we can see its impact on global economy. Ukraine is the Europe's largest country by land area entirely in Europe and it plays a crucial role in global trade. Europe is called the bread basket of the Europe because it is highly fertile soil. Ukraine is the world's 5th largest exporter of the wheat, 4th largest exporter of corn and barley. It also top exporter of the seed oil but cause of this war world is facing problems as Russia faces sever internationals sanctions for its invasion and as a result shortage and higher prices in key sectors are likely to be felt all over the world.

 

1. Increase in the national GDP is least likely to be caused by a war.
This fact is so true because the impact of of war on a country is always on the Negative side. Because war affects the country at large directly, both the government and the citizens, these effects my include damaging of the country's infrastructures, making the government to spend unnecessarily in the defence sector, destruction of lives and properties, amongst others, so saying that war increases the national GDP of a country is 100% fact and true.


2. Oil is considered the most crucial resource in modern warfare.
This statement can also be considered to be true. Because oil is very important to every country, including in a time of war because oil is important and needed to power certain war machines and other important purposes too, although there are other important resources too that can play an active role in a time of war so I won't completely say that oil is the most crucial, but it is indeed very crucial.

3. War affects the stock market by causing a decline in stock prices.
I'll also agree with this fact, because war and conflict has a very important role to play when it comes to the stock market, this is because the market becomes it will eventually scare of investors who had intentions of investing in the countries financial market, and even those who are already investing, I mean who wants to be buying stocks and investing in a country experiencing war, business will certainly not go on as normal as the level of insecurity increases. Investors will for sure wish to move their investment to much secure and active location. So the statement is 100% true.

From several wars that have occurred, we can see and research well that this occurred due to the interests of a group of parties who deliberately created this so that they could control territory or something they wanted. Although this can indeed have an impact on many other countries because when war continues without a ceasefire, valuable goods such as oil will often increase so this can have quite an impact on all countries that generally always consume petroleum.

Apart from that, warring countries will often find fault with their opponents which means that the marketing of products from the opposing countries will be disrupted. This is caused by several factors in real life, such as boycotting products from countries that are considered wrong, so that the economies of many companies that already have many best-selling products can also go bankrupt because of this. Even though weapons manufacturing companies will always applaud when war continues, the destruction caused by war will also be quite detrimental to the governments involved in the war.

But we can't discard the other fact that some countries can take advantage of this terrible situation.
Like those who have the oil such as Middle East, weapons from US & Russia, and other war requirements.
So for those countries mentioned, they have the edge on this situation. But for the country which is directly involved with the war,
their people alone have physical suffering, fatalities and more. Definitely, their economy is greatly influenced by war.

everything you say is true, the effects of war are very bad for the economy, and if we look at the past, in fact the severe effects of war are not much different from the effects of the previous Covid 19 pandemic, purchasing power decreases, and economic uncertainty increases but it is different from a pandemic yesterday, if in yesterday's pandemic shares of health products increased during the war, it is likely that shares of basic material products such as oil, vehicles and weapons would increase drastically, this is all because of delays in supply and also increased demand.  War will always have bad effects on the economy and also the psychology of many people.

As a resident of Ukraine, I disagree with you.
Yes, Ukraine is a complicated country. Terrorist power of russia, occupied a part of Ukraine, and also destroyed several areas that were industrial, as well as agrarian. But with all this - in Ukraine the economy is WORKING, taxes are being paid, business is adapting to the situation. For example, many agricultural companies have changed their locations and moved production to other regions that were not affected by Russian terrorism. As an indicator - in Ukraine in 2023 prices for fruits, vegetables, meat decreased. The exchange rate of the national currency, until September 2023 adhered to the restrictions, but since September the rate of the Ukrainian hryvnia was released and... the rate of major currencies even decreased (dollar, euro).
Regarding the migration of the population - yes, in February-March 2022, a noticeable part of the population left Ukraine. Now the process has gone in the opposite direction - many people who were forced to leave Ukraine are returning.
Regarding the stability of the Russian economy - I would not be so optimistic if I were you, it is enough to look at Russian news, financial indicators, and severe cuts in budgets for population and development. So the picture is not as sad as you have painted
Yes, rebuilding Ukraine will take a long time and require a lot of money. But already today, the world, understanding how the war will end, is beginning to agree on projects to rebuild Ukraine, signing contracts, beginning to develop programs.