The impact of war on global economy.

[dansus021]

I don't know but in my opinion if you can control energy you can control basically everything in this case of war Russia is also among top of producer oil and gas even tho they are bombarded by a ton of sanction the country still can manage their economy because they control the energy.

If top energy producer decide to cut or decrease their output the price will likely going up, you know basic supply and demand after that the other price will also start to rise because in our world today we are depends on the oil from producing the food to distribution the food all of them need an energy and the other will start to follow

[0t3p0t]

I have read comments on this post and confirmed that economically, there were more additional lists to consider when talking about the impact of war on global economy. Regardless of how big or small the war, it is still us who will face and deal with the consequences. Though there are many reasons how a war has started but leaders should think the impact of war on it's economy and people.

[mamesso]

War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.

The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.

[Ayers]

War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.

The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.

War has never brought any benefits to ordinary people like us, but for politicians, tycoons, and dictators, it is an effective tool to demonstrate strength and satisfied for their needs. That's why war will never disappear, war has existed for thousands of years and is still maintained today. That shows that there are still many people who want war to happen and that may be the way they achieve their goals. There are even countries that make money from arms trade, so they will find ways to create wars to promote their business activities.

[CageMabok]

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 will not respond to the first point because I think it is still possible that the opposite of what you said is possible. But the second point is clearly possible because oil has long been a staple used by everyone in all conditions, including war. Whether it's oil for consumption by the public or oil used in vehicles and machines that run modern technology today, the third point could also be true because war can have a bad influence on stock prices and also prices of real estate assets around countries experiencing war.

[blckhawk]

I have read comments on this post and confirmed that economically, there were more additional lists to consider when talking about the impact of war on global economy. Regardless of how big or small the war, it is still us who will face and deal with the consequences. Though there are many reasons how a war has started but leaders should think the impact of war on it's economy and people.

That's why established countries that have a thriving economy try their best not to start wars or if they really have to commit proxy wars in different countries like what USA does which makes for a healthy profit for their weapon development sector and so they can justify their military budget/spending. If we're talking about global economy, the effect should depend on the range of the devastation of the war because there are wars happening in Africa right now albeit bloody, it doesn't really affect the global economy as the devastation isn't that widespread, unlike with Russia and Ukraine, there are active sanctions placed on Russia which could be problematic but they're not as influential in global market so oil and airspace is the most likely commodity that's affected although Europe will be feeling uneasy right now which could be a sign of a shaky European economy.

[DrBeer]

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- A very tricky question. Let me explain.
For example, for the United States or Germany, no matter how cynical it sounds, the military-industrial complex now forms GDP. This is the money that arms manufacturers receive for government contracts. As a result, this is business development, the salaries of tens of thousands of employees of military-industrial complex companies, and hundreds of thousands of third-party suppliers.
But for the Russian Federation, it is ruin. The fact is that they are essentially burning money. Yeah, yeah. Although they write down the "turnover" of the military-industrial complex in their GDP, but in fact, in weeks or months it all turns into burned-out junk that has not brought any income to the economy. Turnover has been created, income has not. By the way, for 2024, the decrepit economy of the international terrorist country has OFFICIALLY increased the OPEN part of the budget for the military-industrial complex and now every third ruble from the budget will be burned to satisfy the painful complexes of the Kremlin's pathetic semblance of the Fuhrer....

2. Oil has indeed, this time, become one of the factors of economic terror, just like gas. BUT... It turned out that it was not critical. First of all, the degenerating economy of the terrorist country needs at least some money, and it sells oil for pennies, which is then processed by third parties (and they earn the bulk of the oil), but there was no crisis. Given the trend of global migration to renewable energy sources, the role of oil will be steadily decreasing.
I would now recommend to pay more attention to the resource - fresh water. It will become more and more in demand every year. 
And I can predict that very soon, the largest reservoir, Lake Baikal, will come under Chinese control, along with the historical territories of China.

[michellee]

The people will experience the impact of war. Countries affected by war will experience economic shocks, which may be even greater if the war is not over. Maybe it is not only the economy that will be affected but other sectors because if the war lasts for a long time, the impact will soon spread.

Leaders do have to think about the impact of this war, but if they are still more concerned with it, it seems their people have to be patient and try to survive. But the real impact of the war will probably be felt for longer even though the war is over, especially as there are still many victims of the war who have not been able to forget the consequences of the war.

For number two, maybe an explanation from Investopedia can answer it. At least, that's what I caught from what was explained on the site. This is also related to number three. But I am sorry if that is wrong.

Code:

https://www.investopedia.com/solving-the-war-puzzle-4780889

[Wakate]

War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.

The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.

The negative impact of war can be very disasterous if we are not careful enough. It can lead to depopulation and lose of properties causing the level of poverty to increase drastically. The war in Ukraine has cause many people to leave there environment and seek for refuge in other regions that will alleviate there circumstances and create room for opportunity.

 The past wars the world had experience like the world war one and two had so much effect on the climate change and destruction of our environment. We need to try everything posible to prevent war of conflict because it is very dangerous and can cause more damages than good.

[icalical]

War definitely has huge impact in economy, things that are definitely happened is the stop of production, in the region or area where the war happening there won't be any production, and the price of the product that made in this area will surging, the recent example is the increasing of wheat because of the Ukraine war. This is will definitely have a negative impact in the economy.

[tjtonmoy]

There are two sides to every coin. This also applies to everything that exists in this world. There are good and there are bad. Same thing with wars. Some are facing the harsh reality while others are taking advantage of that situation. So the impact could be different from each perspective.

Those who are involved in the war will be in chaos and those who are not will be searching for opportunities to take advantage of this situation. For example, imagine you need oil, and the major country providing it is involved in the war (same as Russia). They cut off supplies. The other minor countries that have oil supplies will increase prices for oil. That way they are taking advantage. This is good for them. But it is bad for other countries.

This is just an example. And things like this happen. So what I am trying to say is, that the impacts are not limited to only bad things, there are good impacts too. And the good and bad will switch places based on which perspective you look at it from.

[Captain Corporate]

Some nations like USA live for war, they have to have war every few years, and send their troops and all their shiny new gadgets to other nations to attack, otherwise they are not going to sustain. This is a nation with no danger on their country at all, nobody is attacking them and haven't in centuries, and yet they are spending a trillion dollars per year on military, and they keep suggesting that they have to otherwise something bad may happen the moment they stop, and in order to justify that they have to attack somewhere. Outside of that, no other nation would profit from war, there is no reason for war neither, but obviously humanity is not like that at all, for some reason we keep attacking each other constantly.

[safar1980]

Some nations like USA live for war, they have to have war every few years, and send their troops and all their shiny new gadgets to other nations to attack, otherwise they are not going to sustain. This is a nation with no danger on their country at all, nobody is attacking them and haven't in centuries, and yet they are spending a trillion dollars per year on military, and they keep suggesting that they have to otherwise something bad may happen the moment they stop, and in order to justify that they have to attack somewhere. Outside of that, no other nation would profit from war, there is no reason for war neither, but obviously humanity is not like that at all, for some reason we keep attacking each other constantly.

The US Army has left Afghanistan. The US Army does not want to participate in the conflict in Nagorno-Karabakh. I think that Americans are not able to control all military conflicts due to their problems in the economy.
But the American army does not fight on its territory, and therefore does not harm the economy of its country.

[ChiBitCTy]

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?

Ehh it depends on what country you are inside the war.  I would say that some countries GDP's increase due to helping out with wars, but for those that are fighting in the war, I'm not so sure that's the case. 

I wouldn't say oil is the most crucial resource, just look at the Ukraine Russia war right now.  What is everyone sending Ukraine, not oil but guns, munitions etc.   Those are much more valuable during war.

Lastly yes war puts a damper on the entire world economy, especially when you've got two larger countries like Ukraine and Russia fighting.

Ware fucking sucks, any way you look at it, and I'm sick of it! Let's all get along!!

[kryptqnick]

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 there's a difference between a war just being out there and affecting your country indirectly and your country being actually at war with another country (or in a civil war situation, which is also a separate thing). So on #1, if it's your country that's at war, I agree with the statement. But if your country isn't directly affected by the violence and destruction of the war, then your country may experience an increase of GDP by producing and selling stuff that's suddenly at high demand (weapons).
As for #2, I think it really depends on what you consider a resource because there's a human resource, a time resource, material resources etc. Oil can be very important for heavy vehicles and aviation, but those vehicles and aviation are also resources, and they're also crucial.
#3 can be true if your country's at war or when a war is big enough to affect the global market, but sometimes it can be irrelevant.

[khiholangkang]

1. Increase in the national GDP is least likely to be caused by a war.

This depends on what your country produces, if it produces oil and weapons, your country will be very profitable in this case, because we have seen clear evidence that this industry has an increase in demand and prices become high in war situations.

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

Every military activity requires energy resources to move from one area to another, and they need oil as the main fuel currently to carry out military vehicle operations.

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

That is certain, the business sector in a country that is at war, all activities will certainly be dangerous and companies will certainly experience losses due to war which will make them unable to operate, especially if their business focuses on exports and imports, when sending goods through areas of military tension, Of course they stopped doing that which made the shares plummet, but it's a different story if it's shares in oil or other energy companies, you will get profits if you own a lot of shares in oil mining companies.

[|MINER|]

Yes, it is absolutely certain that the war between the two countries will affect the entire world.  The war between Russia and Ukraine is affecting the whole world. I understand that this is bringing bad things to the whole world. Because of this war, the price of oil is increasing in the world market.  Everywhere everything's areincreasing, commodity prices have increased in many countries. It is affecting everything.  It seems that the impact is much greater in developing countries. Also, if we look at the history of World War one and two, we can see that they shook the whole world.

[Twentyonepaylots]

I have read comments on this post and confirmed that economically, there were more additional lists to consider when talking about the impact of war on global economy.

Ofc there are a lot of effects of wards, from micro to macro economically. It is more than just the economy, being in war is being all.

Regardless of how big or small the war, it is still us who will face and deal with the consequences. Though there are many reasons how a war has started but leaders should think the impact of war on it's economy and people.

Yeah. Unfortunately, people faces the consequences of war and it doesn't bring any pro of being in war. Historically, war restarted the global economy, especially when it happened on two vital playing countries like USA, Russia, and European countries. Leaders won't have that time to think about the impact it will give as they do it for the pride of the country, it's all or nothing after all.

[Unbunplease]

War is an evil. But there are also beneficiaries of this evil - the military-industrial complex, military programs. War brings great suffering to some, and great money and justification for their incompetent rule to others. In one fantastic story it was told that the inhabitants of one state were given the right to manage their own taxes. As a result, nothing was spent on military expenditures and peace prevailed on Earth.

[sunsilk]

Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.

While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.

On for the affected land masses of the war, the decline of prices of the lands there are massively happening.

let us put it this way, war will always have significant impact in the economy especially those countries which are directly involved one way or another.
neighbouring countries as well. and those countries which are heavily relying on the products produced by those countries.

While those countries are suffering and heavily affected by the war. There's also the opposite impact from those countries that are manufacturers of arms, weapons and ammos.

and other countries which are not directly involved will also feel its impact as you said because most countries are still relying their oil resources outside of their region.

The sad truth from these oil producing companies, they're not just going to be bumped just because of the actual. When there are trade wars that don't have casualties but us in how we're consuming things.

That's how we're also impacted by them if ever they do such economic moves that will have a great and certain impact for the lives of many.