At a minimum we are back in a Cold War, Globalization as we have known it for over 30 years is over IMO.
Inflation will probably clock in 7-10% over the next year as well.
Europe and USA will strive to become self sufficient in all things.
I don’t think it has sunk in what the end of the previous Cold War did for the world (back to the bad old days).
We will need to do our own dirty jobs, environmentally unfriendly mining/manufacturing instead of getting the Chinese do it for us so we can look all green and everything.