The impact of war on global economy.

[Aanuoluwatofunmi]

War is not good for any country, because a country is not only economically damaged due to war, all the people of that country are afraid of losing their lives and all the image of that country is ruined.  We have already noticed that the war between Russia and Ukraine has caused a lot of damage to the two countries and their neighboring countries, and many people have been injured and killed. The war has caused a lot of damage, from the energy of the country to the financial sector, the trade sector and the international level, especially in the economy and deep and has a lasting effect.

Before war can occur, there must be some challenging factors that would have led to the incident of having war, though it may involves loss of lives but the major reason why the war was ignited must be well addressed, people are really suffering, the economy is getting bad and unaffordable for the average citizens, it's very difficult to see the interrelationships between those in political power and the citizens they govern, there are feedbacks on what the people are facing but less adequate and necessary steps to solve those challenges.

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[Franctoshi]

2. Oil is considered the most crucial resource in modern warfare.

War could affect the supply or price of crude oil positively or negatively, take for instance the blown up of the Nord Stream pipeline is a major contributor to the skyrocketing gas prices and the present harsh economic situation facing the world right now,  while on the other hand, the major suppliers of oil will be milking money out of it, like Russia and Saudi Arabia.

3. War affects the stock market by causing a decline in stock prices.

For sure, due to Fear of uncertainties and doubts during a war,  investors would be forced to pull their funds out of the market, which in some cases results in a stock market price crash.

[DrBeer]

War is not good for any country, because a country is not only economically damaged due to war, all the people of that country are afraid of losing their lives and all the image of that country is ruined.  We have already noticed that the war between Russia and Ukraine has caused a lot of damage to the two countries and their neighboring countries, and many people have been injured and killed. The war has caused a lot of damage, from the energy of the country to the financial sector, the trade sector and the international level, especially in the economy and deep and has a lasting effect.

One of the key problems in assessing the real situation is the wrong definition of the situation. To clarify - this is not a war between Russia and Ukraine, it is an attack by Russia on an independent state, a violation of all the obligations previously signed and assumed by Russia, a violation of all humanitarian and universal human norms, it is simply open terror and destruction of everything on the territory of Ukraine. I.e. it is not some economic/political dispute/conflict, it is a new Nazism, the purpose of which is to destroy and seize new territories. If you assess what is happening from this real point of view, you will realize how global this problem is. And if the problem is not solved (new international terrorism / Nazism - RASHISM) today's problems will seem to the world "flowers" against the background of what it will expect when this brown plague spreads around the world.

[Juse14]

It clearly has an impact, because the war that occurs apart from being directly detrimental to the countries that are at war, even countries that are not taking part in the war will be affected, one of which is the global economy, of course this is very detrimental for countries that depend on other countries, because it will hinder the cycle. the economy of each country, the very real impact is the increase in prices of basic necessities and other basic materials, okay it could be that a country with a stable level of economic independence will not have that much of an impact but what is clear is that when a country is at war it is not only the economy that will be disrupted but also security and stability. The comfort of citizens will also be threatened because the country's status is currently in the midst of a global social and political war.

[Sayeds56]

The "profit" is different from not being needed. I agree that war has no profit for humanity right now, it is not a profit to gain a land, maybe it is for the government because they could go around saying that they attacked and got the nation another piece of land, and back in the day that was the case but today even that is not valid.

Many Russians literally fled out of Russia not to be part of the army to go attack Ukraine because they do not really want that land, they do not care about that land, only Putin and his people do. And not like you can tell Putin to stop, hell Wagner leader literally tried that and he murdered a mercenary units leader. Imagine being so powerful that you kill someone who has his own personal army. That's why this isn't any profitable to anyone ever, it is the most useless war we have seen in a long time.

I completely share your views that wars are never good for humanity, while it could benefit some politicians and weapons manufacturers for a short period, but eventually everybody suffers. We can see this in the context of Russia/Ukraine war, where all of us sharing the burden by paying high cost of fuel, energy and food beside immense human and collateral losses.

It is essential for global leaders to seek a peaceful resolutions and actively work towards a world where conflicts are resolved through dialogues.

[hafiztalha]

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?

GDP can't increase due to War. When War occurs, national GDP decreases and falls  speedy. When an area is destroyed due to War, most resources are used to save lives of hunted people.GAP cannot maintain its position. Oil is used in all types of weapons. So, oil affects a lot in every War. Stock market  shares value falls due to War. Everyone want to sell his stocks due to which it's prices go down. War impacts on all type of trades . From small to big business owners, it affects a lot. And prices decreases.

[uswa56]

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?

GDP can't increase due to War. When War occurs, national GDP decreases and falls  speedy. When an area is destroyed due to War, most resources are used to save lives of hunted people.GAP cannot maintain its position. Oil is used in all types of weapons. So, oil affects a lot in every War. Stock market  shares value falls due to War. Everyone want to sell his stocks due to which it's prices go down. War impacts on all type of trades . From small to big business owners, it affects a lot. And prices decreases.

Yes, it is true that the influence of war in this world is quite large on the economy and trade and in fact the impact is felt by almost the whole world, not just countries where conflict occurs, it is caused by the influence of trade between countries and also global news so that people will tend to protect themselves. assets from all investments.
This is quite normal and this is the reality, even now we are slowly experiencing the increase in food prices almost all over the world.

[Peanutswar]

War is one of the biggest factors that make the economy suffer each country will spend its resources in case of emergency only people who have the power and capability can survive most of the country makes an investment and alliance with other countries to make sure they are safe, that's why there's a UN (I don't know other alliance form for the protection) to protect and have a peace talk to every country to prevent this happen or else there's a new world of suffering until the other country dominates the others. The only one who suffer here is the people who just want to live a simple life.

[kojektea]

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.

[Dimitri94]

Normally war is a bad thing and it affects all aspect of man's life and that of their nation why because when there is war there is also economy crisis and it surely also affects the areas of your highlights. When there is war the neighboring country's enjoy the benefits of selling their ammunition and their cost prices changes over time to the higher in demand of them, including every other things in the country increases tremendously. This isn't a thing to pray for and we should try all our best to prevent and avoid war from resolute within both country's as both affected country could finds it very difficult to get back their normal ways of living because it will affect almost every other thing in the country.

Due to the war, almost all the countries of the world have a negative impact. I think the three things you mentioned were all affected by the war. Which country in the world has gained financial prosperity by the  war between Russia and Ukraine? Inflation increased all the country, oil prices have increased tremendously all over the world.

We can say that every country is more or less affected. Bank reserves have started to decline, business has shown a contractionary trend. It has also affected the stock market. It goes without saying that people are not at peace in any way. People are now dismayed by the increase in the prices of daily necessities. Not only that, where the war is going on, people's public life is facing a more dire situation.

[Cookdata]

If war brings no benefits then why does war always happen? Although even the winning country will have losses, the spoils they gain are not small, so war is not completely useless to some people. Another thing is that we are ignoring countries that are not directly involved in the war but are benefiting a lot by selling weapons and lending money to the warring parties. They are people who lose almost nothing but gain huge profits. They are even the ones who create those wars, because they are the ones who get rich from selling weapons.

War don't just happened, it started as a misunderstanding when countries stand to gain benefits from that altercation, and they will strike you where they know that you will suffer the most. Have you thought why they sanctions Africa countries, because they can't do much, and that's why they do threatened them with that but I dare them try that with China and Russia, they know their limit and that's why they don't go beyond what will come back to hunt them. If US has misunderstanding with any other powerful country, the first thing they do is that make sure it doesn't comes close to the stock market, that's one of the weakest point of their economy, remember the biological covid that kill stock market, if it was a War, it will be worst than that kind of crash we experienced back then.

War isn't good, everyone lose but there are some that will never recover again, many that are rich will fall to the wrong side of history and become poor in their next life, imagine billgate lose everything and turn to average millionaire because the wolrd has changed from how it wass, that's why you make sure we don't go into war, it benefits but at what expenseses, not worth it.

[Pejoh Asu]

War is of course the biggest economic inhibiting factor, a country that is involved in a war will stop the economic process from production to distribution, it is normal if there is inflation that reaches thousands of percent because people will find it difficult to get the necessities of life, and of course the country will take a long time to recover from the conditions of the war.

[jaberwock]

The "profit" is different from not being needed. I agree that war has no profit for humanity right now, it is not a profit to gain a land, maybe it is for the government because they could go around saying that they attacked and got the nation another piece of land, and back in the day that was the case but today even that is not valid.

Many Russians literally fled out of Russia not to be part of the army to go attack Ukraine because they do not really want that land, they do not care about that land, only Putin and his people do. And not like you can tell Putin to stop, hell Wagner leader literally tried that and he murdered a mercenary units leader. Imagine being so powerful that you kill someone who has his own personal army. That's why this isn't any profitable to anyone ever, it is the most useless war we have seen in a long time.

I completely share your views that wars are never good for humanity, while it could benefit some politicians and weapons manufacturers for a short period, but eventually everybody suffers. We can see this in the context of Russia/Ukraine war, where all of us sharing the burden by paying high cost of fuel, energy and food beside immense human and collateral losses.

It is essential for global leaders to seek a peaceful resolutions and actively work towards a world where conflicts are resolved through dialogues.

Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

I mean USA would destroy entire Mexico in 24 hours that is another topic but still that is not a valid reason and never was. Now Ukraine is trying to get it back, but as we can see THOUSANDS of Ukrainians and Russians die and result doesn't change, they are just throwing bodies to the problem and nothing changes.

[Argoo]

Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

There can be no middle ground in Russia’s attack on Ukraine. Either Russia will seize Ukraine and the terror of the civilian population of Ukraine will increase significantly, or Russia will suffer military defeat and will be deprived of the opportunity to carry out similar attacks in the future. Something in between means freezing the war and allowing Russia, over time, to revive its already lost combat power in manpower and equipment and, after some time, begin an invasion again. Russia is already close to defeat, and therefore Ukraine needs to continue to provide all possible support from the international community in order to eradicate the evil that comes from Putin’s Russia.

However, I do not understand your expression that it was Ukraine that forced Russia to attack their land. An aggressor, if he wants to attack a neighboring country, will in any case find a pretext for such an attack. But I would like to hear from you how Ukraine finally forced Russia to attack its territory, while losing a significant part of its population and half destroying its economy.

[DrBeer]

Instead of trying to find a peaceful middle ground, global powers try to sway the war for one side, the right side to be fair and I agree with them but that doesn't bring in peace unfortunately.

I mean when you look at it, Ukraine was the one that got Russia attack on their soil, Ukraine didn't attack Russia, that was a land that belonged to Ukraine and Russia wanted to take it from Ukraine by force, by killing thousands of innocent people, because "Russians lived there", if that is the precedent, that means if enough Mexicans go from Mexico to Texas, then Mexico could open war against USA and take Texas, that's okay? Does that make sense?

I mean USA would destroy entire Mexico in 24 hours that is another topic but still that is not a valid reason and never was. Now Ukraine is trying to get it back, but as we can see THOUSANDS of Ukrainians and Russians die and result doesn't change, they are just throwing bodies to the problem and nothing changes.

I will answer you as a citizen of Ukraine who saw all this with my own eyes. The problem is that this is not some kind of “local, small dispute between two countries” where it would really be reasonable to find a compromise solution. Russia came to DESTROY us. Completely destroy. And as Golda Meir said: You cannot negotiate with someone who has come to kill you.
This is reality - a maniac whose goal is to kill you will not negotiate with you, because... His goal is not agreement, but your destruction. This is exactly what the situation looks like in Ukraine. For one thing, I highly recommend listening to Russian state news channels - there is the wildest mixture of Nazism, xenophobia, misanthropy, denial of rights, ... RASHIZM (Russian Nazism) is worse than the brown plague of Nazism! Therefore, Russia itself, with its policies and openly stated goals, left us no choice.

Let me add - we will all learn very soon that the terrorist attack on Israel is a “joint project of Hamas and the Kremlin ghouls,” believe me...

Just for information: The Russian authorities and Hamas maintain relations, and representatives of the group go to Moscow for negotiations. The last such visit took place in March 2023. Hamas is recognized as a terrorist organization by the European Union, Germany, Israel, Canada, the USA, Japan, as well as a number of other countries.

[passwordnow]

Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.

[Sayeds56]

Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.

Your perspective on implication of wars is indeed  insightful. whenever a war breaks out in the  Europe, the Middle East or any part of the world, it typically leads to supply chain disruptions in the global supply chain. These disruptions cause pricews of commodities including food and oil, to rise. ultimately leading to significant increase in inflation.

In summary, geopolitical tensions have profound effect on all economic macro indicators. It is noteworthy that, we now live in a global village, where pleasant or unpleasant event in any part of the world in one part of the world has far reaching global consequences.

[passwordnow]

Every time there's a sudden shock of war, these commodities increase and I'm not so sure why also the ones that these businesses especially in the oil sector. Despite having that stock that they've bought cheaper than the current price will also have its sudden increase based on the move of the world market. They're all reasoning out that it's because of the world market but the point is, they've bought it even before and those are stock supplies that they're just emptying before restocking and buying the current market price. They're all business folks but they also have to understand that everyone is suffering at these times and they shouldn't just come up with the idea that just because everything has gotten up in prices, they'll also include all of those stocked supplies like oil that has been bought at a fair low price and will be resupplied to their stations and will be sold at a higher value. And as they wait for another price decrease, that's when they will restock through the oil depots and will buy them again a cheaper rate, that's what they've been doing all this time and are just rinsing and repeating while taking all of those profits into their pockets.

Your perspective on implication of wars is indeed  insightful. whenever a war breaks out in the  Europe, the Middle East or any part of the world, it typically leads to supply chain disruptions in the global supply chain. These disruptions cause pricews of commodities including food and oil, to rise. ultimately leading to significant increase in inflation.

It's a domino impact for the most. We don't want it to happen but whatever triggers these price increases are obviously starting with the price hike through oil/gas. Looking at these situations, there seems to be no solution to these matters because no matter how much we want to save and survive in these times, there's always this catalyst that makes every commodity high. If there's no way, there could be other factors that we don't know will impact it.

In summary, geopolitical tensions have profound effect on all economic macro indicators. It is noteworthy that, we now live in a global village, where pleasant or unpleasant event in any part of the world in one part of the world has far reaching global consequences.

Exactly. It's like we're no longer into boundaries and we're all affected by these geopolitical events that are happening in different parts of the world. Even if we're against these things, there is nothing that we can do because its impact is globally distributed and the poorest countries are the ones that are suffering on this one. While the rich countries can recover quickly even if there's a continuous economy turmoil that can be seen to all.

[Kelvinid]

War creates nothing good bad difficulties and price increases. Everyone suffers the inflation but I was worried about those people who are really poor which I see that suffered the most. The recovery seems too slow and trauma seems not easy to forget which means that it was not only the economy that got affected but also caused psychological impact on the survivors. The more wars are created, the more it leads to hatred and misunderstanding, and in our mind now is revenge.

[serveria.com]

I will answer you as a citizen of Ukraine who saw all this with my own eyes. The problem is that this is not some kind of “local, small dispute between two countries” where it would really be reasonable to find a compromise solution. Russia came to DESTROY us. Completely destroy. And as Golda Meir said: You cannot negotiate with someone who has come to kill you.
This is reality - a maniac whose goal is to kill you will not negotiate with you, because... His goal is not agreement, but your destruction. This is exactly what the situation looks like in Ukraine. For one thing, I highly recommend listening to Russian state news channels - there is the wildest mixture of Nazism, xenophobia, misanthropy, denial of rights, ... RASHIZM (Russian Nazism) is worse than the brown plague of Nazism! Therefore, Russia itself, with its policies and openly stated goals, left us no choice.

If we compare Israeli-Palestinian conflict with Russo-Ukrainian war, Israel has been so much more brutal and merciless so far. Did Putin cover-bomb the sh*t out of Ukraine? No. Did he deliberately target densely-populated residential areas? Not really. Israel doesn't give a damn about hostages! Some of them have already been killed in airstrikes. Did Russians cut off water, internet, electricity, gas supply to Ukraine? Nope.

Right now Israel is pulling heavy tanks and other armored vehicles to the Palestinian border. They offered 24 hours for the civilians to flee the area. Seriously? Over a million people in 24h?