🧵3/20 Example of Immediate Impact (Iraq War 2003):
When the Iraq War began in 2003, global stock markets saw a significant decline. The fear of prolonged conflict and its impact on the global economy drove investors to pull out of equities, particularly in regions most likely to be affected. #HistoryOfFinance #IraqWar #GlobalEconomy

🧵3/12 Example of Immediate Impact (Iraq War): At the start of the Iraq War in 2003, global stock markets fell sharply due to fears of prolonged conflict and its worldwide economic implications. #HistoryOfFinance #IraqWar