Economic Implications of War on Individuals

[Youngkhngdiddy]

I hate wars. I hate conflicts. Both they are almost unavailable. Wars and conflicts disrupts lives. It kills people - men, women, babies. Businesses are shot down. Schools are shot down. Boys become father's and look after their moms and siblings because their father has gone to war. Daughters become mothers and have to care for their siblings because they lose their mothers to war. Children with perfectly normal lives become refugees

Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.

I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

  When a country is at war with each other everyone in that country suffers from it. Both the young and the old are  left with no choice  to leave  their home to refuge camps, the abundance of things won’t be of the same as it were  cause you will be ask to cut thing the way you use them. War has never been the world solution to solve problems rather it’s cause economy down trend of the country and the world at large. It takes quite some time to build a city  and to make it the bubbly place to live, war can destroy even the busiest cities in split second. So years of hard work and building structural infrastructure and innovation can be gone in just seconds. Let’s take the most recent example which is the Israel/ Hamas war. Gaza is currently feeling the heat of isreali ballistic weapon. The city which took years to build is now looking like an abandoned project. War doesn’t not favor any party that’s involve in it, for each nations will both feel the pressure of the war regardless of who has the higher power. It doesn’t not only affect the people in the region alone. It affect the world too indirectly.
  War also affect the world economy, the effects of war shaken the entire sector of the economy, in the financial market, the recent conflict has impacted stock market returns, commodity market and corporate decisions. But Bitcoin is proven to be a possessive hedge towards economic instability and be use as a hedge and safe haven across currencies. However it is unknown whether the war has had any influence on the cryptocurrency market, especially bitcoin trading and returns.

[Vispilio]

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

1) Relocate to a peaceful country. It's more a philosophical question but I strongly believe in the right to self preservation, so a civilian does not need to place himself or his loved ones at lethal risk if his world views and Raison D'etre don't align with those of his government...

2 & 3) If you mean in the war zone, there are lucrative jobs like being a mercenary / private contractor which requires almost in all cases previous military experience, or a war correspondent which similarly would demand some experience with journalism, naturally these come with extremely high levels of risk during times of war...

[TimeTeller]

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

1) Relocate to a peaceful country. It's more a philosophical question but I strongly believe in the right to self preservation, so a civilian does not need to sacrifice his survival if his world views and Raison D'etre don't align with those of his government...

2 & 3) If you mean in the war zone, there are lucrative jobs like being a mercenary / private contractor which requires almost in all cases previous military experience, or a war correspondent which similarly would demand some experience with journalism, naturally these come with extremely high levels of risk during times of war...

To be honest, if you are in a war zone, not all people have the capability to relocate to another country.
The more practical to do is go to the nearest border of another country and hope that they will accept refugees.
That is, if you have no money to pay for airfare, visa and other docs to go to another country.
This is why a lot are not leaving their war zone country because of financial difficulties.
For businesses, I believe, food is the major concern of these people trapped. However, if they have no money to pay, how can you make business out of it?

[Sarah Azhari]

I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.

I am on side with you, I don't like war and prefer to negotiate with opponents to create a peaceful environment. If we read the history of the war, we will discover the fact that war makes a big loss for the people, whatever it's, won or lost, the countries that are involved in war will suffer huge losses from all sides. And, until today, I don't have a plan or way to survive if my country is involved in war. I still believe my country is peaceful, and leaning toward negotiating than firing the rockets. Until today, I still don't know how to connect to the internet if the war happens and shut down it, where make my life over and and can't produce anything if the internet goes out.

[coupable]

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

- There is no solution except to leave the place of conflict or conflict areas as soon as possible. Any other solution cannot be guaranteed, no matter who the guarantor is.
- There are those known as the "war rich" or they also call them "crisis merchants", who are a group whose business flourishes in areas of tension. We find among them arms dealers, for example, contraband dealers, and all those involved in smuggling, because they benefit from the state of chaos imposed by the reality of war. I do not advise you to be one of them because they are more blood brokers than real entrepreneurs.
- If you live in a country that has crises that could cause war or potential internal conflict, it is best to prepare yourself and your family for what might happen before it happens. It means, for example, to secure sufficient savings and provide a place to live outside the conflict zone.

Unless our dear OP decides to sells weapons or their parts to the waring bodies, then the only business you should be more concerned with, is how to leave the place and settle where it would be more peaceful to source for jobs and look after a family.

To be precise, contraband dealers are not the only ones who can benefit from the reality of war. There are types of companies whose activities flourish as a result of wars, and they are spending reconstruction contracts whose mission will be to build entire cities and revive them so that they become livable again. This category can also be considered among the war-rich people, despite the nobility of their activities. Of course, there are many analyzes that indicate the involvement of these companies in causing the outbreak of wars.

[Die_empty]

- do you have any survival tips during war period?

The first thing is to look for ways to save your life. Seek means to stay out of the battle zone and seek bomb shelters that can protect you from attacks. The next thing should be to seek means to get and stock basic needs such as water and food. Also, ensure you eat to survive and not for pleasure.  

- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?

The period of war is a time of uncertainty. Many businesses will not strive in a war period. Have you ever watched the videos of the devastation in Gaza? No business can survive under such bombardments, deaths and injuries. Forget about the financial budget and plan how to survive. I heard Gaza currently has no access to water, electricity or internet facilities, so you might not be able to earn bitcoin.

But you can earn from jobs like filming or taking photographs of war situations. You can also start a social media channel where you can be able to unveil the war timelines.

- What is the economic impacts on individuals with families and how do I sustain them during war period.

I read a news where about 31 members of the Shihab family in Gaza died due to the strike from Israel. War leads to nothing but suffering and death. Businesses will be closed down for life and there will be massive loss of human and material resources. You will have to survive with what is available and also try to help others if you can.  

[Sim_card]

do you have any survival tips during war period?

The only thing is for you to try and look for a way to escape to the neighbouring country.

are there any business that I can do during a period of war so as to sustain my family?

Sell weapons, because this is the only business that will need attention and gives a lot of money. The reason is that weapons are made for wars.

Can I still budget, save and earn in Bitcoin?

If you are already earning in bitcoin in this forum, and there is still internet and power supply. Yes

- What is the economic impacts on individuals with families and how do I sustain them during war period.

If you are still in the country, the only way is to locate a refugee camp where you will be rest assured that it is secured and there will be provision of food and shelter.

[South Park]

I hate wars. I hate conflicts. Both they are almost unavailable. Wars and conflicts disrupts lives. It kills people - men, women, babies. Businesses are shot down. Schools are shot down. Boys become father's and look after their moms and siblings because their father has gone to war. Daughters become mothers and have to care for their siblings because they lose their mothers to war. Children with perfectly normal lives become refugees

Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.

I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

While wars are events that happen in an instant, the period that leads to a war is very long and this gives people the chance to escape way before that, lets look at the war between Russia and Ukraine, this is a conflict that can be traced back to 2014, and most likely it is way older than that, so after that happened if I was a person living at Ukraine I would have done everything in my power to leave as it was clear a full invasion was coming at some point, since the best thing you can do when you know a war is coming is to avoid being on the crossfire in order to avoid having to deal with the questions you bring forward.

[Renampun]

...

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

you should be grateful because you can still earn bitcoin from the campaign signature payment that you participate in on this forum, we don't know what will happen next, there are many rumors that say that the third world war will happen, I have prepared myself enough if the war spreads further and it's crazy, I recommend everyone to have an investment and for a businessman, maybe you can try selling basic necessities because it is a basic and basic need for mankind, everyone needs to eat so the basic food business will never be detrimental.

[Cryptomultiplier]

The economic impact of war is numerous to mention that all one should hope for to be is nothing but safe and well fed.
Fitness may have little to do with war, but if called upon to serve I hear you dare not as a male, whine or grumble.
The best bet is to flee the waring state to another and or go underground in bunkers and bomb shelters to evade the war and be malnutritioned, maybe in the end, depends on how long the war or the bomb shelters or bunker lasts, one gets to be free and safe and be able to keep up with cryptocurrencies especially Bitcoin supposing the network and Telecom mast providers still transmit 4g or 5g network to enable trading or P2p transactions.

[Rruchi man]

- do you have any survival tips during war period?

-Move to an area far from the fighting if you can.
-Gather information from trusted sources.
-Take advantage of opportunities to learn how to protect yourself.
-Identify escape routes from your country.
-Look for medicine and hygiene products as well. These are important for maintaining your health in stressful situations.
-Gather canned and nonperishable food items.
-Loot supplies if you have no other choice.
-Learn basic first-aid to treat minor injuries.
source

I like to add the importance of considering fitness right now because you never know if your country is the next place for a crisis to start.

[serjent05]

- do you have any survival tips during war period?

I have not experienced war so I do not have anything in my pocket, but surely a simple search on the internet will give us more than a handful of information on how to survive during war.

- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?

Obviously, you can still do business during war, business or trading does not stop, it can be as simple as doing a barter trade or offering services that can give you income.  if it is not a world war and your country is not involved in the war then you can do normal business within your community.

- What is the economic impacts on individuals with families and how do I sustain them during war period.

It will be a chaos since when one country is under a war period, their economy will surely plummet and most possibly the food supply will not be enough.  You can possibly sustain them by preparing in advance, moving to a remote area far from the center of fighting and planting vegetation, or raising animals.

[passwordnow]

- do you have any survival tips during war period?

Conserve energy and go to a place where you think is the safest to you and your family first.

- are there any business that I can do during a period of war so as to sustain my family?

If this is during the period of war, I wouldn't do anything but to just preserve myself and my family to be alert at all times because you'll not know if bombs are already on the way and bullets will go through your roof and walls.

Can I still budget, save and earn in Bitcoin?

As long as there's still an internet connection by that time but as I've said, I will think first of my safety and just to survive until the period of war ends.

What is the economic impacts on individuals with families and how do I sustain them during war period.

I haven't gone through it and I don't intend to. But watching, hearing, and reading the experiences of the war veterans and the families that have gone through with it, it's so hard. It's like the entire world has shattered on them and despite they know that there's hope, it's just so hard to uplift them economically and emotionally.

[AmoreJaz]

- do you have any survival tips during war period?

-Move to an area far from the fighting if you can.
-Gather information from trusted sources.
-Take advantage of opportunities to learn how to protect yourself.
-Identify escape routes from your country.
-Look for medicine and hygiene products as well. These are important for maintaining your health in stressful situations.
-Gather canned and nonperishable food items.
-Loot supplies if you have no other choice.
-Learn basic first-aid to treat minor injuries.
source

I like to add the importance of considering fitness right now because you never know if your country is the next place for a crisis to start.

those are actually practical tips to stay alive as much as you can if you are in the war zone. so yeah, before you think of any business to venture with, safety should be your priority on these challenging times.
so yeah, i do agree that before anything else, better secure your family to a safer place. as much as possible far from the main areas of bombing and other war activities. you want your family to be alive no matter what, right?

[icalical]

- do you have any survival tips during war period?

Run, I don't think there are any other tip than run far far away from the War Red-Zone, the bigger the countries area the less likely the war will spread so I think it's pretty doable, you can stay in your country but not in the center of the war. If the countries is not so big, so the war will more likely to spread to the whole area, then you should run to overseas, which will be much more difficult, especially for people with less money.

- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?

I don't think anyone at war would think about business or investment, people who are at the war-zone war will run away, and people in war countries who are outside of the war-zone will trying to help and accomodate the refugee.

[Darker45]

There probably isn't a single answer to this. It's relative. Although wars are always about killing each other, they differ from one to another. So, I think it will be on a case-to-case basis. If you're from Russia or Israel, for example, which are both involved in wars right now, it wouldn't be that hard, but if you're from Gaza or a heavily bombarded city in Ukraine, you definitely need a different plan.

But I think that if you're literally caught in the middle of a war, you don't think of business. It's a matter of survival. If you have money, it's either it's almost useless or you won't think of earning from it. What probably matters most is that you can actually exchange them for food.

[Argoo]

War is not a natural disaster. Every war has its direct culprits in the person of specific state officials who started the war and decided to carry out an attack, and there are also people and the state that defend themselves from attack in this war. The behavior of people in a country that is involved in a military conflict should depend primarily on what country you live in - a country that has committed an act of aggression against another country, or a country that has been attacked.

First of all, you need to assume that if you live in a country like Russia that attacked Ukraine, then the citizens of the attacking country are also partly to blame for this situation due to the fact that they allowed such an attack. After all, according to the constitution of each state, it is the citizens who elect the highest officials of this state, and therefore are responsible for any of their actions. If a particular citizen cannot influence the end of the war that has begun, then he has the right to avoid participating in it by any means.

If you live in Ukraine or Israel, which were attacked, then evading the defense of your state will only lead to even worse consequences. There should be no other choice than to defend your country from an attack by an aggressor. Personal economic interests should not be of decisive importance here.

[RockBell]

I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.

I am on side with you, I don't like war and prefer to negotiate with opponents to create a peaceful environment. If we read the history of the war, we will discover the fact that war makes a big loss for the people, whatever it's, won or lost, the countries that are involved in war will suffer huge losses from all sides. And, until today, I don't have a plan or way to survive if my country is involved in war. I still believe my country is peaceful, and leaning toward negotiating than firing the rockets. Until today, I still don't know how to connect to the internet if the war happens and shut down it, where make my life over and and can't produce anything if the internet goes out.

War is really a bad thing no matter what the issue is it does not warrant war things should be settled amicably not go to war because one thing about war is that innocent people are the ones who get hurt, if you watch the documentary of what is going on currently in Israel and Palestine you will cry because the way missiles are landing costing people their lives is sad if countries can avoid war they should avoid it instead of making decisions without considering the consequences.

The loss is not only for the people but also the government because after so many hits they will have to restore normalcy to all the affected areas which will cost money and people affected to look for where to stay and it will even make a lot of people to leave the country has a result the war. I know my country can not even dare go to war where will they even have the money to start a war so we all pray for peace even for countries that are at war?

[sokani]

I've not experienced war, but I have heard stories of war. My dad experienced the civil war in my country. He told me how he used to go on empty stomach, how they used to feed on lizards for survival, how they used to sleep in bushes to hide themselves from the enemy.

War has serious economic effect on the citizens, aside from the wanton loss of lives and properties, everything comes to a standstill in the country, business comes to an end, schools and banks are shot down, food becomes scarce as local farmers are not safe in their farms, foreign importation of food are cut off. So I don't think anyone in a war zone can engage in any successful business other than looking for his or her personal survival.

[Peanutswar]

We cannot avoid wars, There are some people who have different perspectives, and beliefs in life reason why hard to have unity, with each country that only you can do is accumulate resources for your survivability and recover once you have the chance after war, because that state is like a chaos only the people in the community will the one who suffer. It was a hard matter most of the government will support or oppose so they needed to join the war or else becomes a follower. On mine i hope i don't experience this thing in my country.