Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
agentx44
on 14/01/2020, 15:41:10 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.
The world economy will surely keep on going down if ever this war takes place and surely crypto will gain positive benefits from it but I don't think it would last for long as everyone gets busy maintaining peace within their territories. Iran is one of the main source of oil for the world and this tension would surely increase the price of the oil which will affect the economy of those countries who supplies oil form Iran negatively and on the worst case scenario, shortage may take place as thirld world countries gets much poorer.