Fatal error: Nesting level too deep - recursive dependency

Recently discovered an issue with layout builder IPE and specific entity embed use cases. If CMS user uses entity embed to embed a content block stemming from page B into the body of page A and then uses entity embed to embed a content block stemming from page A into the body of page B it will result in the error below when trying to visit either page. Note that I have content blocks set to not render the body field as it is disabled for content block display.

Fatal error: Nesting level too deep - recursive dependency? in /var/www/html/web/modules/contrib/layout_builder_ipe/layout_builder_ipe.module on line 53

Note: I replaced the layout_builder_ipe_entity_view_alter function in layout_builder_ipe.module with the below which resolved the issue for me.

/**
 * Implements hook_entity_view_alter().
 *
 * This attaches the IPE frontend to entity displays.
 */
function layout_builder_ipe_entity_view_alter(array &$build, EntityInterface $entity, EntityViewDisplayInterface $display) {
  $current_route_name = \Drupal::routeMatch()->getRouteName();
  if (!$entity->id() || !$entity->hasLinkTemplate('canonical') || !$entity->toUrl()->isRouted() || $current_route_name != $entity->toUrl()->getRouteName()) {
    // We can only act on full page views on the canonical url.
    return;
  }

  $layout_builder_ipe = layout_builder_ipe_service();
  $route_entity = $layout_builder_ipe->getContentEntityFromRoute();
  if (!$route_entity || $entity->getEntityTypeId() != $route_entity->getEntityTypeId() || $entity->id() != $route_entity->id()) {
    // This entity is not the routes main entity, so skip this.
    return;
  }
  $section_storage = $layout_builder_ipe->getSectionStorage($display->getMode());
  if (!$section_storage) {
    return;
  }
  $can_override = $section_storage->getPluginId() == 'defaults' && $section_storage->isOverridable();
  $is_overridden = $section_storage->getPluginId() == 'overrides';
  if (!$can_override && !$is_overridden) {
    return;
  }
  if (!$display->getThirdPartySetting('layout_builder_ipe', 'enabled', FALSE)) {
    // Disabled in the display settings.
    return;
  }

  $layout_builder_ipe->attachIpe($build, $section_storage, $entity);
}