Recession?
The likes of a recession are ascending further upon us. The bubble is nearing its end. The surging in price markets all-around energy and food will cost the world economically. How high will crude oil and wheat reach before popping? It is difficult to guess, like gambling chips at a casino. The best option is to be prepared.
Europeans will be the first to feel the blowback from energy price increases. When being roughly 25%+ reliant on Russia for energy and food. Russia seems to have retaliated back for sanctions placed on Russia.
Russia has stopped gas flows to Europe. When governments seize/sanction the funds of not just another government, they consequently also freeze the funds of those citizens purposely. The war is between governments and not their people. The citizens are punished, creating further hate and division, resulting in either a cold or nuclear war.
By the looks of it, Saudi Arabia may step in to make matters worse. The whole dilemma is “Dollars.” None of these nation-states no longer hold liabilities in their reserves of dollars because the dollar inflates in value. Russia, Saudi, Venezuela, Iran, Iraq, China, etc., do not want to hold any more dollars or sell their oil in petrodollars. They want to sell their oil or goods in whatever currency they deem suitable for their country. So you have governments that want to impose their power over other countries, not just their regime but ideals and values. Hence, you have unjust wars and unjust invasions, as seen by Russia.
The dollar is based on trust. Either by the power of the might of the US army or its Federal Reserve system. But unfortunately, that trust is eroding after many endless wars and crises.