Industry is no longer possible in Europe due to the energy crisis, its not even a crisis because this assumes it will go away, its the new norm. And thats why industry wont be possible because it wont be competitive so they are going to become very poor.

How did it get to this point? Decades of terrible financial, immigration and energy policies. Will it change? No, the power structure enforcing the policies will remain intact for decades to come, everyone will just get significantly poorer.