So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?

Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.