Not just failed energy policy:

– Demographic implosion.
– Deindustrialization.
– Economic competition from China and the US.
– Geopolitical instability.

Europe might become much much poorer in the not too distant future.

— Samo Burja (@SamoBurja) March 15, 2022

I think this looks distinctly possible. Much of Europe is making terrible decisions which are likely to make its future worse. Reducing energy use and de-growth won’t lead anywhere good. Progress can and often does reverse, and Europe is doing many things to make sure this happens.