I think this whole endeavour to seige Ukraine has become a complete embarrassment for Russia. I used to think they were a fairly formidable military force, judging by the war game exercises they used to band about.
But all this conflict has shown is their ineptness, lack of tactics, shabby equipment, and a complete lack of regard for innocent civilians. They've literally become a cesspit of a country overnight.
A lot of Russia's military scope has been total war and delaying action in the vast lands on the periphery of Russia hence their S-400 system which is capable at indiscriminately knocking targets out of the sky is crippled by the potential issues of taking out civilian air traffic in this war, etc. and their tanks are poorly suited to the job at hand and so on.
When you remove the microscope from this Ukraine war, China is a big threat to world peace. They basically gave Russia approval to invade Ukraine and any public statements they make now come across as lip service. They know that in a similar situation they can ride out sanctions, have infinitely superior logistics to Russia, and an institutionalized political system that will garner home support.
It is amazing that the West allowed China to grow so much. I remember back in the 00s them saying something along the lines of "we'll be a friendly superpower". They know how to sandbag and do things under the radar. Trump (for all his faults) was able to expose some of their ugly side during the trade war. But there is this undercurrent of hostility brewing with them developing their military especially since Xi Jinping came along.
When Poland, Bulgaria and Romania joined the EU it was the perfect chance to transition away from Asian manufacturing and for Europe to be self sufficient. Likewise US and the many Latin American countries they could depend on. It's a missed opportunity and one that will be rued for generations to come.
We seem very slow in the West to waking up to threats where the hostile (overtly or covertly) actor isn't playing by our rules.