Covid did damage economies and completely changed lifestyles, but the single most negative factor for Western Economies was the knee jerk reactions aimed at damaging the Russian Federation that ended up creating hardship, political and social instability in those countries seeking to undermine the Russian Federation.
For those living in the United Kingdom, sanctions against the Russian Federation meant the end of the Paradise of low prices and stable economics. Just when Britain was coming out of the nightmare created by Covid economics, the British government - once again - reacted by impulse instead of using their brains properly. Not enough with mistakes made in Iraq, Afghanistan and elsewhere. British politicians had once again to put a foot wrong by jumping on the American bandwagon of failed foreign policies and started to dig an even bigger hole for themselves.
British policies regarding events in Eastern Europe have led to catastrophic realities in the United Kingdom and elsewhere. Industrial economies rely on... energy. Something that British politicians completely forgot about it. Germany, thank to Merkel, got into a bigger hole. Why? Merkel's knee jerk reactions regarding nuclear power. What would be the chances of a tsunami hitting German nuclear reactors as it happened in Japan? Zero. Angela Merkel over-reacted and decided to leave Germany totally exposed to an energy crisis having to almost totally depend on fossil fuels. Even France with its nuclear capacity got hit because... France negleted its nuclear infra-structure.
The conflict has been raging for years now and might continue for the foreseeable future, although the USA and Germany are now applying pressure on Ukraine to force Ukraine to seek peace. At the end of the day, it all comes to money and another factor to consider is that today Europe is a lot less safe because of the stupidity of its leaders. As the Western side decided to get dirty by using weapons banned by most countries in the world, the Russian Federation decided that it had enough and passed legislation withdrawing from all nuclear weapons agreements. So now, all gloves are off. This is a situation created by Western warmongers that expected that they could whatever without a rection from the other side. They have used Ukraine in a war by proxy against the Russian Federation and now those who jumped on the warmongers' bandwagon are bound to pay the consequences.
General Winter is coming. The expectation is that all Ukrainian infra-structure will be wiped out, pushing Ukraine back to the Middle Ages.
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