Post
Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
katanic97
on 09/03/2025, 11:18:33 UTC
In my country, inflation is at a high level, especially affecting the prices of real estate, food, and fuel. It is very difficult for young people who want to afford property, they have to take out large loans and pay them off over 20 years. You have to work two jobs to afford a decent life. My opinion is that only a peace agreement between these two countries can recover the economy and reduce inflation, especially in Europe.
The economic situation as always faces some factors that often have influence over the community but over which the community has no control. When basic needs are foods, so many people are forced to_shift for livelihood if they need to obtain the foods. People are not equal and the youth of today need it to be better than it has ever been to improve their lives. This is even harder given that the cost of raising a home or even the bare basic necessities in life remain on the rise. However, there is hope that this condition can change in the case of decisions that are taken at the higher level.

That's right, you're right,each of us manages in our own way. The youth need much more; basic life necessities and raising a home, as you said, are very difficult in today's time. Wars only worsen the economy and, in some underdeveloped countries, create a severe economic situation. That’s why peace agreements can be of great importance.