Post
Topic
Board Economics
Re: The impact of war on global economy.
by
TimeTeller
on 11/11/2023, 19:59:20 UTC

everything you say is true, the effects of war are very bad for the economy, and if we look at the past, in fact the severe effects of war are not much different from the effects of the previous Covid 19 pandemic, purchasing power decreases, and economic uncertainty increases but it is different from a pandemic yesterday, if in yesterday's pandemic shares of health products increased during the war, it is likely that shares of basic material products such as oil, vehicles and weapons would increase drastically, this is all because of delays in supply and also increased demand.  War will always have bad effects on the economy and also the psychology of many people.

But we can't discard the other fact that some countries can take advantage of this terrible situation.
Like those who have the oil such as Middle East, weapons from US & Russia, and other war requirements.