Impact on the global economy: The complicated war situation and huge military expenditure have gradually made the US government feel overwhelmed and cast an uncertain shadow on the global economy. At present, the situation in Iraq is turbulent, and the influence of war on regional and world economy is increasingly apparent. In view of the increasing interdependence of the world economy due to the ties of economic globalization, compared with the Gulf War in the early 1990s, the serious consequences of the Iraq war will definitely have a negative impact on the world economic situation that is struggling to get out of the trough. The impact of the war on the economy is mainly reflected in the high international oil price, the heavy blow to tourism and aviation, the blow to the confidence of investors and consumers, and the difficulty in recovering the American economy.
Since the Iraq war, 447 1 American soldiers have died, 32,000 soldiers have been injured, 763 billion dollars have been spent on the war, and 50 billion dollars have been spent on reconstruction funds. In addition, more than 600,000 Iraqi civilians were killed or injured. Resulting in 4.8 million refugees and homeless people.
The Iraq war tells us that the world needs peace and progress, and it will be beaten if it falls behind!