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Author Topic: The impact of war on global economy.  (Read 2373 times)
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November 07, 2023, 12:03:34 AM
 #181

War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.
That was what a powerful country wanted. they deliberately created the war just to control the victim country in the future. I am not surprised by the powerful country's strategy because we experienced since a long time ago. The problem now is why isn't it stopped by the UN, and why is it helped by allies?. even if they were aware, the allied countries felt the impact also, their currency was also compromised affecting the dollar. And there are some citizen countries who were involved in the war hard to find food and very frugal to keep the money because of the high cost of gas to heat the room.
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November 07, 2023, 12:25:27 AM
 #182

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

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November 08, 2023, 10:23:45 AM
 #183

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

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November 08, 2023, 12:46:02 PM
 #184


War is harmful. A number of studies have pointed to significant negative effects of war.
War is a major hindrance to globalization, as it reduces the global economic output.
It leads to a decline in global investment and trading.
It cripples the economy and destroys industrial infrastructure.
War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.

When there is a war, obviously there is something they want to conquer, and when the one they want to conquer calms down or fights, that's when misunderstandings will begin and chaos will follow.

So the impact of this war is really not good. The worst is for the nearby countries; even the faraway countries from the scene of the war will also be affected for sure. Just like our country, even though we are far away, we feel the bad impact.

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November 08, 2023, 07:37:42 PM
 #185

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

Not really war... but sanctions! Sanctions have caused issues and continue affecting global economy in the most negative way. Only people with room temperature IQ still believe that sanctions actually cause any significant effect on Russia and will stop Putin.   
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November 11, 2023, 03:47:54 PM
 #186

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

Not really war... but sanctions! Sanctions have caused issues and continue affecting global economy in the most negative way. Only people with room temperature IQ still believe that sanctions actually cause any significant effect on Russia and will stop Putin.   

They also thought the same in the USSR, puffing up their cheeks and talking from all sockets about the "decay of the West" and the collapse of imperialism tomorrow. And they explained the same way - a strong economy, a powerful ruler and the Central Committee of the CPSU. The whole world envies the USSR. 40% of resources are in the USSR. The people and the party are united !...
Shall I tell you how this show ended? I personally watched it inside the USSR.  In this case, even I will declare - the USSR economy was more self-sufficient, it produced, albeit not very high quality but a very wide range. Science, education (poor, but massively), factories and plants even worked. And what is modern Russia? A pathetic parody of the USSR. The USSR degraded much slower than the Russian Federation. So don't tell me tales about the USSR and Russia Smiley

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November 11, 2023, 04:32:09 PM
 #187

War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.
That was what a powerful country wanted. they deliberately created the war just to control the victim country in the future. I am not surprised by the powerful country's strategy because we experienced since a long time ago. The problem now is why isn't it stopped by the UN, and why is it helped by allies?. even if they were aware, the allied countries felt the impact also, their currency was also compromised affecting the dollar. And there are some citizen countries who were involved in the war hard to find food and very frugal to keep the money because of the high cost of gas to heat the room.


the sides who wanted war are not Countries but Capitalists, the ones who can have benefits from it. no country can have benefits from war, even countries those are not involved in war will experience losses from other's war, because there are possibilities that a countries need some products form a country that involved in war.

This is why war can disrupt global economic where some capitalists take advantages form it. for example, Capitalist can play the price of products that are needed the most by countries who import those products from countries that involved in war who cant export the products anymore.

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November 11, 2023, 06:40:03 PM
 #188


War is harmful. A number of studies have pointed to significant negative effects of war.
War is a major hindrance to globalization, as it reduces the global economic output.
It leads to a decline in global investment and trading.
It cripples the economy and destroys industrial infrastructure.
War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.
War is something that can crash any economy to zero just like we have been seeing with Ukraine. Russia economy is still stable compared to the Ukrainian economy that would need a lot of aids to get to her feet. The consequences of war is very disasterous and we should never pray for that.

The people that are living in Ukraine peacefully have left there country for another country especially the women so they can safeguard there lives. War is evil and if we become decieved and we do not plan on how to help ourselves to grow and live in harmony,the opposite might be the case.









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November 11, 2023, 07:12:40 PM
 #189


War is harmful. A number of studies have pointed to significant negative effects of war.
War is a major hindrance to globalization, as it reduces the global economic output.
It leads to a decline in global investment and trading.
It cripples the economy and destroys industrial infrastructure.
War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.
War is something that can crash any economy to zero just like we have been seeing with Ukraine. Russia economy is still stable compared to the Ukrainian economy that would need a lot of aids to get to her feet. The consequences of war is very disasterous and we should never pray for that.

The people that are living in Ukraine peacefully have left there country for another country especially the women so they can safeguard there lives. War is evil and if we become decieved and we do not plan on how to help ourselves to grow and live in harmony,the opposite might be the case.

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 Smiley
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.

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November 11, 2023, 07:39:52 PM
 #190

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?
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.

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November 11, 2023, 07:59:20 PM
 #191


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.

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.
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November 11, 2023, 08:43:04 PM
 #192

the sides who wanted war are not Countries but Capitalists, the ones who can have benefits from it. no country can have benefits from war, even countries those are not involved in war will experience losses from other's war, because there are possibilities that a countries need some products form a country that involved in war.
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.

Quote
This is why war can disrupt global economic where some capitalists take advantages form it. for example, Capitalist can play the price of products that are needed the most by countries who import those products from countries that involved in war who cant export the products anymore.
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.

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November 12, 2023, 02:59:20 AM
 #193

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?

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.

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November 12, 2023, 06:23:07 AM
 #194

Of course, war usually has a profound and lasting effect on any economy because it affects the overall economic stability of that country. Nothing will function well because of the impact the war has caused. war brings about inflation, trade disruption, currency devaluation, an increase in government spending, and lots of infrastructural and human damage, so many refugees and IDP camps to mention a few.
Oil plays a significant role in modern warfare due to its role in energy supply, logistics, and so on but there are other resources like information, food and water, mineral and material resources, economic and financial resources that also help in determining the outcome of a conflict.


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.

 
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November 18, 2023, 09:07:38 AM
 #195


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.
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

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November 18, 2023, 01:45:41 PM
 #196


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.
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

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;

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November 18, 2023, 08:23:25 PM
 #197

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

Not really war... but sanctions! Sanctions have caused issues and continue affecting global economy in the most negative way. Only people with room temperature IQ still believe that sanctions actually cause any significant effect on Russia and will stop Putin.   

They also thought the same in the USSR, puffing up their cheeks and talking from all sockets about the "decay of the West" and the collapse of imperialism tomorrow. And they explained the same way - a strong economy, a powerful ruler and the Central Committee of the CPSU. The whole world envies the USSR. 40% of resources are in the USSR. The people and the party are united !...
Shall I tell you how this show ended? I personally watched it inside the USSR.  In this case, even I will declare - the USSR economy was more self-sufficient, it produced, albeit not very high quality but a very wide range. Science, education (poor, but massively), factories and plants even worked. And what is modern Russia? A pathetic parody of the USSR. The USSR degraded much slower than the Russian Federation. So don't tell me tales about the USSR and Russia Smiley

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?
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November 18, 2023, 09:19:38 PM
 #198

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

Not really war... but sanctions! Sanctions have caused issues and continue affecting global economy in the most negative way. Only people with room temperature IQ still believe that sanctions actually cause any significant effect on Russia and will stop Putin.  

They also thought the same in the USSR, puffing up their cheeks and talking from all sockets about the "decay of the West" and the collapse of imperialism tomorrow. And they explained the same way - a strong economy, a powerful ruler and the Central Committee of the CPSU. The whole world envies the USSR. 40% of resources are in the USSR. The people and the party are united !...
Shall I tell you how this show ended? I personally watched it inside the USSR.  In this case, even I will declare - the USSR economy was more self-sufficient, it produced, albeit not very high quality but a very wide range. Science, education (poor, but massively), factories and plants even worked. And what is modern Russia? A pathetic parody of the USSR. The USSR degraded much slower than the Russian Federation. So don't tell me tales about the USSR and Russia Smiley

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?

Ok, let's assume you're right ! Smiley
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 Smiley

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? Smiley


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

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November 19, 2023, 05:06:07 PM
 #199

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?

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?

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November 19, 2023, 05:57:23 PM
 #200

Wars doesnt harm every country. i think some of the country gets benefited because of it.

And what are the benefits that other countries get from war, if not the chaos, fear, and trembling of some citizens, which can cause them to have some health issues? Even if a country does win a war, it doesn't make the economy better during that time. Things don't normally work well for that period until war is over, and there might even be some restrictions during that period, which can make some workers stop working, some companies stop production, and short down at that moment. If war lingers for so long, it can cause more harm to the economy of that country.

That war is a purely destructive process, no one argues. But there is a more important indicator - the conclusions and reaction.
In technical terms, it is not so much the errors in the system that are critical as the lack of reaction of the system to these errors.
I.e. it is very important - what will be the reaction of the world, in order to prevent the recurrence of similar problems in the future. Because in addition to the huge number of human casualties and destruction of entire regions in Ukraine, this war has created real global problems in the world economy. It is true that this is already a topic of economic terrorism, but the world must develop solutions against it as well.

Not really war... but sanctions! Sanctions have caused issues and continue affecting global economy in the most negative way. Only people with room temperature IQ still believe that sanctions actually cause any significant effect on Russia and will stop Putin.  

They also thought the same in the USSR, puffing up their cheeks and talking from all sockets about the "decay of the West" and the collapse of imperialism tomorrow. And they explained the same way - a strong economy, a powerful ruler and the Central Committee of the CPSU. The whole world envies the USSR. 40% of resources are in the USSR. The people and the party are united !...
Shall I tell you how this show ended? I personally watched it inside the USSR.  In this case, even I will declare - the USSR economy was more self-sufficient, it produced, albeit not very high quality but a very wide range. Science, education (poor, but massively), factories and plants even worked. And what is modern Russia? A pathetic parody of the USSR. The USSR degraded much slower than the Russian Federation. So don't tell me tales about the USSR and Russia Smiley

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?

Ok, let's assume you're right ! Smiley
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 Smiley

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? Smiley


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

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

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  Grin  Tell me, are you retarded?

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

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?
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