Is any western economy really not already in a recession? We already know certain economies(think Germany, US,UK,etc) have their symptoms(or trends) shown faster than the ones pegged to them. The question people should have is how we bounce back from it. Germany for example has been de facto in a recession since 2018( 0.2% See Forbes), US managed to climb until Trump's late moments.

I find it very funny when the media(not to say the establishment at large) either tries to hide the economic situation or blame it on their political opponents. Blaming Russia is not the entire issue, i'd say locking down the globe for 2 years for essentially no reason is a bigger problem, but then again people who were saying there would be repercussions for lockdowns were quickly shunned. After Russia the next boogeyman will be climate change, after that: who knows, maybe WW3 or China. All of them are real concerns on their own but none pinpoint the actual issue: western leadership that promotes policies that facilitate the very top of the "economic iceberg" instead of the vast majority of the people(think increasing the middle class).Most of the people represent the economy, so even if you have record-setting profits for corporations, the economy still performs poorly.