Topic: World Economy and War - page 7. (Read 1600 times)

I hope that the upcoming year of 2025 will make things more peaceful and the situation will be deescalated. It's true that war is one of the biggest reasons why the oil's price is increasing and with that, there is no doubt that it's also a triggering factor to see a rise in inflation. We don't get a rest from the rising inflation because that's intended to be and we're seeing the impact of what's happening in these hot spots where oil is their main product. Even the rich countries are also struggling economically because there is a domino impact about these events.

There is always a new crisis around the corner, but at the moment we seem to be in a reasonably stable and contained state. It is very sad to have so many wars going on right now, but it is almost part of human nature and they can have many different root causes, it will be impossible to stop them all easily. Religion is often a big or underlying factor in war, even if it was all abandoned tomorrow though - people would find new things to fight over. If war started to happen between the larger and more significant world economies, like China and America, or something began destabilizing Europe, then we might see the economy start to tank because that is a potential WW3 scenario.

As the food crisis will occur in the future seeing the current global situation that continues to be tense, it can be said that because some sanctions continue to be haunted by Russia, and the Middle East war continues to occur without stopping this will cause food to be expensive.

If they have farmland it would be great if they started farming to survive for at least the next few years, but government policies often do not make people happy.

Now there are many chemical processed foods circulating, as a result many people are suffering where they get diseases so easily because there are too many chemical foods scattered everywhere.

Save yourself from the incoming food crisis, and start considering agriculture not just for commercial purposes but for the purpose of self, but for family sustenance. The incoming food crisis will increase the prices of food and also increase the number of chemicals in processed food. To be on the safe side for the reason of spending less and health, agriculture is to be considered.

If you have more money to invest in commercial agriculture, there are modern ways and techniques to boost food production, and you will be contributing to the economy by helping to maintain the number of natural foods in circulation.

I'm not sure if this is the case this time. I don't think Ukraine and Israel have to money to buy arms, it's the US that gives them money as a matter of fact. Remember Zelkensky gets what he wants in the first year of the war. The last time, he was empty-handed.

But there is a crisis in every corner of the globe. I think most of the countries are already experiencing a decline since the pandemic. Much business in the country hasn't recovered yet, stores and restaurants I used to see operating in the red-light district are still closed.  Israel-Iran war is about to get worse too. Saudi I think is just waiting where this war is going. It hasn't chosen sides yet. The king will choose which side is winning.

The problem is not that the financial assistance is not sufficient, corrupt leaders a stealing the money. The contracts that are awarded for projects are overestimated so that politicians and their cronies can embezzle funds.

I am sure everyone in my country is praying that Iran should attack Israel because it could lead to a full-blown war. Many economies will face severe economic challenges if the global oil and gas supply is affected. But unless something is done, Iran might retaliate because failure to do that shows weakness. But I just hope this conflict will be settled without further confrontation because many people might become jobless.

Yes, no doubt about it! War only brings in adverse effects on the economy of all countries, except US. Because when a war happens, the arms export of US increases manifold. You can take examples of both Russia-Ukraine, and Israel-Iran war. US is supplying arms to both Ukraine and Israel. So they are actually a gainer during a war where they are not directly involved.

But for the rest of the nation's, war is devastating in every possible way and not just the economy.

The global economic situation is really in danger with every country experiencing a significant decline in growth especially in African countries. The aid that the countries under the United Nations (UN) are receiving is very insufficient compared to the people and if the government of that country is corrupt it can be very difficult to reach the people.

The rich are getting richer as a result of the capitalist state system, yet the rising cost of living in developed countries is leaving people unable to meet their desired goals. Food prices are rising amid the war between Ukraine and Russia and the effects of an escalation in the Middle East war could have an impact on the global economy. If Iran's preparations for war with Israel escalate, the price of oil will increase, which in turn will increase the price of every commodity around the world. With the increasing effects of inflation the tendency of people to become poor is increasing and a large number of people in the world do not have enough food for two days.

But it can be said without a doubt that if the situation of war in the world is not reduced by 2025, there may be a catastrophic economic situation all over the world and the GDP growth of the developed countries starting from the least developed countries may decrease.