Personal Life or Wars: Downsides are also accompanied by upsides

@ptrikha_2 (49753)
India
March 6, 2022 6:31am CST
I made this observation today. The current Ukraine war is set to test the economies of many nations. In India, we already see the Rupee deprecating against US Dollars. Plus International oil prices are seeing a spike which is going to hurt India a lot as most of the oil is imported here. That means big inflation. Plus we import a lot of Cooking oil from Ukraine. Yet in all this gloom, there is a likely increase in demand for Wheat from India as Wheat exports from Ukraine (World's Bread basket) and Russia drop. Similarly in personal life, second half of February saw me and my family members getting ill and in recovery mode. We had to spend a lot on medical expenses- consultations, medicines and some tests. However, as I was on a few days off, I got to see some movies which I enjoyed. Plus spend some more time here on Mylot which helped me get higher than expected earnings. All in all, when there are some downs, one needs to keep faith and see the upside as well. Foremost, prayers for the current conflict in Ukraine to end as war helps nobody- neither the one who loses more, nor the winner. Some news source from Times of India website.
5 people like this
5 responses
Anna
@LadyDuck (502491)
• Italy
6 Mar 22
Bread and everything that needs wheat to be made increased 30% already here and this is only the beginning.
2 people like this
Ptrikha_2
@ptrikha_2 (49753)
• India
6 Mar 22
@LadyDuck Well a region wide conflict like this is likely to have a big impact. A lot of it due to the Russian Prez's madness and not even paying heed to his own country people.
2 people like this
Ptrikha_2
@ptrikha_2 (49753)
• India
7 Mar 22
@LadyDuck But well, this is what often happens!
1 person likes this
Sanjeev
@sjvg1976 (42727)
• Delhi, India
6 Mar 22
The rate of petrol and diesel will increase too much this time. I heard on the news that the rate of petrol may increase by 14 INR per liter. Let's see what happens.
2 people like this
Ptrikha_2
@ptrikha_2 (49753)
• India
6 Mar 22
@sjvg1976 Ideally the Central Government needs to cut some of the taxes on Petrol. The big question is whether they will have the room to do so?
2 people like this
Ptrikha_2
@ptrikha_2 (49753)
• India
6 Mar 22
@sjvg1976 Well that would save you some bucks!
2 people like this
Judy Evans
@JudyEv (382104)
• Rockingham, Australia
6 Mar 22
That's so true about there being good and bad in every situation. It's hard to know sometimes what products will be impacted by the war.
1 person likes this
Ptrikha_2
@ptrikha_2 (49753)
• India
6 Mar 22
@JudyEv Petrol (or Gasoline) prices seem to be going up in most of the places.
2 people like this
Danna B.
@db20747 (43419)
• Washington, District Of Columbia
25 Mar 22
India may have to look to other sellers of such items and products. Glad you and your family are feeling better and that economics goes well for you all
1 person likes this
Ptrikha_2
@ptrikha_2 (49753)
• India
25 Mar 22
@db20747 Economy is a mixed baggage. Petrol and Diesel prices have started increasing and so is the inflation. However, we are also expecting some moderating factors.
1 person likes this
Kandase
@Kandae11 (57231)
•
6 Mar 22
Look for the silver lining in every cloud.
1 person likes this
Ptrikha_2
@ptrikha_2 (49753)
• India
6 Mar 22
@Kandae11 Well, that is true. Else one can get into too much of stress.
1 person likes this