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High probability that WW III would not be fought by every country exempting most South American, African, and Oceanian countries and a good number of Asian countries. So many countries were involved in WW II just because colonial powers ruled them.

Team West
USA
UK
EU
Canada
Japan
Taiwan
Israel
South Korea
Saudi Arabia.

Team East
Russia
China
North Korea
Iran.

If WWIII initiate in south china sea, battlefield will be Asia, otherwise it will be europe.

Why world war iii is inevitable ?

Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to forecast a US recession "mild" one. Now, it's warning of a deeper downturn caused by the Federal Reserve's quest to knock down stubbornly high inflation. "We will get a major recession," - Coming recession will be worse than expected