You are confusing economical crisis and recession words. Just because there is an economical crisis doesn't mean there is recession. Recession means less money in the markets, and less jobs available and many other "lack of mony in the world" problem, we are having that because of high fed interest rates.

2 years ago when lockdowns first happened we still had unemployment for many, but we had governmnets printing money for free, which means that we were actually having a good amount of trouble in the long run based on just free money, because it caused inflation, while things went up in price, our salaries didn't went up as much, which meant even though we got a raise at work, we couldn't offer the things we used to buy.

Its still a problem, high inflation with low salary increase followed by recession will make sure that most people will bankrupt, and that reset will cause a trouble but the ones who survive that will be able to buy everything from everyone and be richer when the world economy is better.