Post
Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
0t3p0t
on 05/11/2022, 01:31:20 UTC
...what is your thinking about the collapsing of world economy with highing inflation.
It's a difficult situation, but not to the extent of collapsing the world economy.
The lingering war would have lasting effects, as it was unexpected and many countries who were heavily dependent on either Russia or Ukraine got hit hard, and it would take a while, but they would recover and adjust.

The lockdown crisis is also a factor in the falling economies and would also take a while to recover from.

Not to the collapsing of world economy totally I mean here but many countries economy dropping with high rise of the inflation because things increased as the war continue. If this continue to happen it will get into recession and some countries will want bail out from international community and countries.
These war affected the energy trade between Russia and the world that is why there is a collapse and inflation also is at it's peak nowadays resulting to the economy dropping but if a country has the ability to find ways and has enough resources to fill this gap I think they have an excemption in this modern age of war.