The West (Europe, UK, USA, Canada, Australasia) has economies based on debt and high house prices and are trillions in debt. Russia has actual energy and assets (oil, gas, precious metals) and since the sanctions has a very strong currency and lower goods prices (and no/low inflation) - not as the sanctions intended.
Russia can keep turning the screws on us because we print money as a solution to every crisis (which causes more inflation) but we can't print finite resources such as energy (which Russia has - we have it too but refuse to use - coal, natural gas, nuclear etc because of the green lobby).
I'm very worried that the West seems to have backed itself into a corner and is committing collective suicide and there seems to be little way out.