Flood causing economics crises

[goaldigger]

Flood or any type of natural disaster often causes a huge economic and social impact on the affected country so much so that businesses and other related activities will be put on hold. These are a natural disaster that can occur without any notice. Especially when the right infrastructure are not in place to reduce the impact.

This has been a problem since then and the situation right now is getting worst, it’s not an ordinary flood anymore many have witnessed the worst.

In my country, flooding happened every year though the government prepared for this already but it looks like nature is still unpredictable especially when they get mad. We are in a place where most of the super typhoons comes in and I can totally say that it can affect many lives and businesses, flooding is a no joke and every country should take action now to address the rising problem of global warming and climate change.

[BRINIRHA]

Mild flooding to severe flooding will all have an impact on the economy of the area.
even electricity will be cut off in the flood-affected areas. so that there is no short circuit and so that electricity does not hit the water which can cause people to be electrocuted. night conditions will be a scary night when the flood and the power goes out. then it is certain that shops and all types of business will be stopped. even the delivery and receipt of goods will be hampered. so the price spike will be very high. well, if the flood is at a catastrophic level, it destroys everything that the flood passes, such as gardens and rice fields, houses and all community property. then the economy will definitely be paralyzed there. and even worse what must be considered is that the impact is not only a matter of the economy but the survival of human life itself aka life. HR will be reduced. famine will spread. financial loss can no longer be calculated. which means we can not underestimate the occurrence of flooding. because it affects all sectors of life.

[2stout]

Yes it does.  It causes an economic crisis to the affected county and potentially to other countries that may trade with them, esp if there are some items they depend on from the affected country. 

[Jating]

As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!

For sure it has an impact, specially countries that are not prone to flood and suddenly there is a heavy rain so they don't know how to react.

And then the whole farming industries is the first one to get him and then everything will trickle down, prices increases around the world. But there could be solution for government, to import commodities, but it the end if could harm them too. So it's like everything is connected right now, floods destroying crops, businesses stop, houses destroys, people will have to lived in the street, food shortages.

[bitgov]

As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!

For sure it has an impact, specially countries that are not prone to flood and suddenly there is a heavy rain so they don't know how to react.

And then the whole farming industries is the first one to get him and then everything will trickle down, prices increases around the world. But there could be solution for government, to import commodities, but it the end if could harm them too. So it's like everything is connected right now, floods destroying crops, businesses stop, houses destroys, people will have to lived in the street, food shortages.

The flood are horrible I have got this image from internet - and this has moved me.
One of the images of FLoods in Pakistan - if sand has reached to the roof, imagine  what would be the water level?



Source: internet

[Razmirraz]

As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!

It is clear that as long as a flood occurs, it can make it difficult for people to work, as a result, it will certainly make people lose from an economic point of view. In addition, the sinking of settlements due to a fairly large flood forced flood victims to evacuate to safer places. People who feel the impact of the flood have difficulty carrying out their usual routines, because the flood disaster has hampered access to transportation.
If we talk about the economic crisis, it depends on how long the flood lasts, a flood in just a week will not cause an economic crisis, because after the flood, people can carry out their usual activities.

[kryptqnick]

As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!

Water can be life-saving for many things. If there's a drought, it's a catastrophe for crops, and it can lead to hunger. But if there's too much water, it can also kill crops, as well as force communities to relocate if the flood is bad enough that it directly affects houses. Many people think that climate change is a very abstract thing. I it used to be 22 degrees and will now be 23-24, it's fine, right? So what that it'll get a bit hotter. But no, that's not how this works. Devastating effects of climate change are already here, just not everyone is experiencing them. Floods are among them. And, among other things, this will be a huge financial toll on global economy because people in many countries didn't feel like investing in preventive measures and cutting back on what makes it worse, not thinking that then they'll be forced to spend much more later.

[Ahli38]

As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!

It is clear that as long as a flood occurs, it can make it difficult for people to work, as a result, it will certainly make people lose from an economic point of view. In addition, the sinking of settlements due to a fairly large flood forced flood victims to evacuate to safer places. People who feel the impact of the flood have difficulty carrying out their usual routines, because the flood disaster has hampered access to transportation.
If we talk about the economic crisis, it depends on how long the flood lasts, a flood in just a week will not cause an economic crisis, because after the flood, people can carry out their usual activities.

Correct. Floods will certainly affect the economic sector. but the effect varies depending on how severe the flood is and how long the flood lasts.
if the flood is included in the category of extreme level flooding, the impact on the economy will be even higher. because big floods sometimes destroy people's houses. and as a result people lost their homes. and in more severe cases can be life-threatening. and if a big flood destroys agricultural areas then a food crisis will occur and food prices will soar. the economic crisis became unavoidable due to crop failure on a large scale. like what happened in Pakistan. but if it's a seasonal flood or a small flood that is common every year in an area. then of course the residents have prepared themselves and have adapted. so that the impact on the economy will not be too pronounced because people are used to it and are ready before the seasonal floods come.

[beej]

Almost everything thats occurring in the world today
seems to affect economies everywhere. Ever since the
pandemic started, everything went highly vulnerable.
Now with the war and grave effects of global warming,
its what people feared and speculated several years ago
ever since politicians, activists and scientists brought to
the mind and attention to the world of the long term
consequences of global warming. Floods and drought
are now occurring in places they normally don’t happen.
Oceans and sea levels are rising, sinking islands, flooding
cities and stronger storms.. these are what the world is
facing. The said impact will surely continue to rise and
disrupt progress and damage markets and economies.
Hopefully things will get better soon or we will be in a lot
of more trouble.

[Fara Chan]

Yes it does.  It causes an economic crisis to the affected county

For that country, inflation is likely to occur, because economic growth will stop, supply and expenditure of goods will no longer be stable during a flood disaster, especially if the disaster falls into a large category and has a wide impact on the country's travel.

and potentially to other countries that may trade with them, esp if there are some items they depend on from the affected country. 

This is Further Emphasized when they have cooperative relations with other countries, in the field of exporting superior goods or products, but in my opinion the impact of inflation on other countries is likey to be small, because these counts in large quantities.

[landheer]

depending on the intensity of the flood,, if it is on a large scale of course it will create an economic crisis because it will hamper people's activities and make many shops close and even destroy many important facilities ... but if it is small, flooding does not seem to cause an economic crisis

I think so too, but in my opinion what caused the economy to collapse was due to a very long flood, for example for months, only if the flood was small and the time was not long, maybe it would only interfere with the activities of the residents, because it feels bad if we walk or ride a vehicle in flood conditions even though it is small.

[CageMabok]

I think so too, but in my opinion what caused the economy to collapse was due to a very long flood, for example for months, only if the flood was small and the time was not long, maybe it would only interfere with the activities of the residents, because it feels bad if we walk or ride a vehicle in flood conditions even though it is small.

Small floods are easier to deal with and usually will also recede faster so some people say it is not a big problem that must be discussed continuously. Because the local residents can also deal with it in various ways which are basically not that difficult even though the facts you have stated are true where residents feel uncomfortable when they have to move in flood conditions.

And actually when there is a small flood like that, the government and citizens must move faster to find out where there is a shortage so that they can be hit by flooding and deal with it faster before a bigger flood occurs in the future.

[Razmirraz]

Snip.

Correct. Floods will certainly affect the economic sector. but the effect varies depending on how severe the flood is and how long the flood lasts.
if the flood is included in the category of extreme level flooding, the impact on the economy will be even higher. because big floods sometimes destroy people's houses. and as a result people lost their homes. and in more severe cases can be life-threatening. and if a big flood destroys agricultural areas then a food crisis will occur and food prices will soar. the economic crisis became unavoidable due to crop failure on a large scale. like what happened in Pakistan. but if it's a seasonal flood or a small flood that is common every year in an area. then of course the residents have prepared themselves and have adapted. so that the impact on the economy will not be too pronounced because people are used to it and are ready before the seasonal floods come.

Prolonged flooding will be fatal for local residents, continuous rains can cause an area to be hit by extreme flash floods for months. A few months ago, floods just hit Pakistan, the economic hardship felt by Pakistanis prompted users of the Bitcointalk forum to raise funds through @irfan_pak10 to help local residents. You can see here [Donations] Fundraising for the Floods disaster in Pakistan how sad the Pakistanis feel, the floods that occurred in Pakistan in 2022 are estimated to be equivalent to those that occurred in 2010 which was recorded as the worst flood in Pakistan history.

[South Park]

The deadliest opponent we have is nature. Floods are a common catastrophe that significantly harm the economy. Imagine being unable to go to work, start a business, purchase groceries, compromise the delivery of goods, and many other activities that would undoubtedly result in turmoil and an unbalanced economy that would ultimately cause a catastrophe. How can we then address this? The government should be able to help the affected areas, bring relief supplies and operations, and most importantly, the government should notify the public in advance so that people may get ready for it and limit the harm brought on by it.

Nature should not be seen as an opponent, while we call them natural disasters most of the bad things that happen are related to human irresponsibility, for example in the case of floods local authorities give all kind of permission for houses to be built where floods are common, this could be easily avoided by making the necessary studies and forbid the development of any industrial or residential areas where this is common, but since corruption is a problem all over the world government officials are easily convinced of turning a blind eye to this and then people are the ones that have to suffer the consequences.

[BRINIRHA]

Nature should not be seen as an opponent, while we call them natural disasters most of the bad things that happen are related to human irresponsibility, for example in the case of floods local authorities give all kind of permission for houses to be built where floods are common, this could be easily avoided by making the necessary studies and forbid the development of any industrial or residential areas where this is common, but since corruption is a problem all over the world government officials are easily convinced of turning a blind eye to this and then people are the ones that have to suffer the consequences.

well. we must be friendly with nature. without damaging and polluting the environment. because nature does not punish humans. but humans themselves destroy nature which causes disasters to come. the lack of forests with large green trees is what makes floods often occur. because trees help hold and absorb water. Trees also resist soil erosion by the strength of their roots. but many people are not aware of the importance of preserving nature. if humans and nature can be friends, in the sense that we humans use nature without destroying it, then disasters such as floods will not be found often. but awareness in protecting the environment is decreasing. so that nature is increasingly damaged. and when nature becomes corrupted then disaster strikes. and when disaster strikes, an economic crisis is certain to occur. because many sectors will be hampered or even destroyed.

[BuNga_cute]

Natural disasters will certainly change the economic system, many losses caused by natural disasters such as floods, earthquakes or others, and my country is a country that is often affected by disaster, this is due to the many changes in forest functions into settlements and factories or production.

Of course all natural disasters almost affect the economy, such as the flood that paralyzes the economy around the flooded area. Because shops,
offices and public transportation must stop until the floods recede and life can go back to normal. So the handling of natural disasters must be done
quickly, so that the economy can recover again. That is why the government budget is so large for handling natural disasters, because if
the handling process is slow, the impact on the economy is quite large. That's why countries that are often hit by natural disasters, will continue
to take preventive measures, starting with educating the public. To issue regulations that make people pay more attention to their environment.
Because the main cause of natural disasters is humans, which does not take good care of nature. That's why we have to start protecting
the environment from the smallest things, disposing of garbage in its place can prevent flooding.

[Davian144]

Natural disasters will certainly change the economic system, many losses caused by natural disasters such as floods, earthquakes or others, and my country is a country that is often affected by disaster, this is due to the many changes in forest functions into settlements and factories or production.

Does that mean that in the area where you live, there is no government or community who wants to preserve the forest so that the forest can easily become a settlement and a factory? If that still happens in your place, then immediately call on the government and surrounding areas to keep the forest so that it is no longer damaged by irresponsible hands. Because forests can also be economic land and a good source of economy if they know how to use them and don't cut down wood without planting other seeds.

[tygeade]

Of course all natural disasters almost affect the economy, such as the flood that paralyzes the economy around the flooded area. Because shops, offices and public transportation must stop until the floods recede and life can go back to normal. So the handling of natural disasters must be done quickly, so that the economy can recover again. That is why the government budget is so large for handling natural disasters, because if the handling process is slow, the impact on the economy is quite large.

Pandemic caused the world to stop all together for a year nearly, we were in lockdown for many months, came back and then got locked down again and this continued for a while and we still survived as humanity. This means that if we end up with anything in the crypto world or real fiat world where it's flood, earthquake or any other natural disaster that stops us for a while, that means we are going to end up recovering from that as well.

This doesn't mean that it will be a problem, it just means that we are talking about something that will only give us a break, the economy will be stopped and bad for only a while but when it's over we will be going back to where we left it.

[Majestic-milf]

It's natural for flood to cause economic crisis because it typically destroys everything a country has worked for. Affected areas will find it difficult to establish a certain status quo and it can deplete funds of the government to be able to restore it back to normal

Floods also destroys physical infrastructure and disrupts socio-economic activities which are connected to agricultural sector and could affect food production.It may even affect the prizes of goods and services.

[Spontaneous]

depending on the intensity of the flood,, if it is on a large scale of course it will create an economic crisis because it will hamper people's activities and make many shops close and even destroy many important facilities ... but if it is small, flooding does not seem to cause an economic crisis

    Yes we know already that one , special this generation we noticed that there's more calamities happened out there's and most common happen is flood that unlike before it's easily drain but now due of more pollution more barrier that people can't do activities in everyday.