Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
FLoving
on 13/01/2020, 18:29:02 UTC
The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?  Who will suffer most and where will this lead our economy as wars always leads to inflation.

Third world countries who might be entering this potential war. If war were still going to break out, and price at significant producer were going to spike it up countries who are barely make to buy are the ones who are going to suffer more especially those who are in a heavy loans. In addition to this, crypto currency will surely be skyrocketting especially in their local exchange as the tension goes on. And it alreay happened at Iran, right?
Yes the price of these things will increase which will put a bad effect on all of the countries of the world. In the case of Iran-USA tension it will not leave any region of the world to suffer the consequences of the war as we all know that Iran is ready to fight with USA and as majority of the world economy is connected with USA so in any harm to USA economy the whole world will suffer a great lose.