Australia is going to get hit extremely hard decoupling from China, Coal and climate change, too.
Canada is also in a lot of trouble. They were overspending like mad before covid, now it's completely irrational.
Banks can't afford to raise the rates or stop lending.
Governments can't afford the welfare and can't win elections with austerity, all while having debts they can barely maintain and a poor economy to fall back on.
Workers can't afford taxes and inflation.
Business can't afford taxes and to pay workers minimum wages.
Unemployed and non-employed people are the worst off because they can't afford costs of living and they make up the majority of voters.