I wouldn’t worry about a recession as OP’s career is in engineering, and not the software type. I’m assuming OP’s is related to electrical engineering and that is very in demand. Depending on his prospects in Germany, working at a national lab in the US would also give good work life balance with good pay.
This is the kind of scenario I’m dealing with now. Not as far along in education but I’m just not sure working in France/Germany would be the best career move for electrical engineering.