We were already in one following the tech correction since Nov 2021. [0]

The problem here is some waited for too long to be told we are now in a recession, then some politicians tried to redefine it.

But that is nothing compared to what will happen in the next 5 - 10 years. Nothing goes up forever. The only hint is that we need to prepare before 2030.

[0] https://news.ycombinator.com/item?id=29508238