Yeah but for functioning economies, you can expect a recession every 10-20 years, with smaller corrections more often.

I remember the talk about "stagflation" in the 1970s, though I was too young to really understand it. The boom economy that started in the 1980s crashed in 2000. I remember that well as I lost my job. In 2008 I was working in the public sector and my employment was unaffected, I also didn't have any mortgages with stupid terms, and didn't need any of my retirement investments yet so I just rode that one out. So a recession in 2022, especially given the past two years, is maybe a bit early but not really surprising.

Not especially familiar but is it really a 50 year recession and not just stagnation

More economic and political seige and sabotage than anything that might be misconstrued as a "natural" economic fluctuation or condition.

Parts of Latin America have been specifically targeted by capitalist nations worried about the spread of South American influence on the neoliberal world order they control.