I think that the main reason for despair among some in the Anglosphere comes from the fact that, with a few exceptions such as the U.S. South, the English and Americans are simply unaccustomed to losing.
And now you find yourself a second-class citizen to brown sludge.
It’s a different perspective elsewhere. I have immediate relatives (had – they passed on of old age within the past two decades) on my and my in-laws’ side who survived atrocities in which they lost family members to a German mass execution and a Ukrainian massacre.
My formative history lessons were always about how everything is lost until a miracle and heroism deliver the victory… and victory always meant that things just go back to how they were, it was never about beating your inferiors far from home.