Showing posts with label Archduke Franz Ferdinand in Sarajevo. Show all posts
Showing posts with label Archduke Franz Ferdinand in Sarajevo. Show all posts

Tuesday, November 21, 2023

Economic Consequences Of Ravaging Wars

 By Steve Obum Orajiaku

The concept of balance is encapsulated in Sir Isaac Newton’s third law of motion, which is “every action has an equal and opposite reaction”. Nothing can be further from the truth for certain feelers to claim that any raging war does not leave its indelible far-reaching impacts on the global spectrum. Sometimes, it could be quite devastating and demeaning that the effects can equal the recorded casualties of war.

The pain of loss of life and property (the former particularly) is inconsolable as it is irreparable. Then, when the dust finally settles and while the roundtable resolution talks are ongoing, the biting privation is grinding deeper to the marrow of the ordinary people. Indeed, when two elephants fight, the tender grass suffers. There has never been any truce talk that effectively restores or sufficiently replenishes all lost valuables on the battlefield.