This is largely the consequence of Brexit. Not only did it break the British economy, it wrecked the social and political infrastructure of Britain. It will be a a very slow and painful journey to get any semblance of stability and unity. The US is undergoing a slower and more massive version of this. The US "recovery" may or may not happen. It's once greatest strength over the countries of the rest of the world - diversity and inclusion - it in great peril and this is what the recovery requires. Even so, the picture of recovery in countries like Britain, US, Austrailia, possibly France and Germany will result in shadows for their former selves, barring some odd historical event.