"The first one of these (high electricity prices, inflation, rate hikes) is enough to effectively guarantee the arrival of a deep recession in Europe before the end of the year. The second one (gas delivery disruptions), if materialized, would, most likely push our continent into an outright economic depression, and to a massive social unrest or even outright uprisings. We, thus, could be facing our darkest winter and spring since 1945."
https://mtmalinen.substack.com/p/europe-is-heading-into-a-depression