A simple definition of a depression is a widespread and prolonged economic downturn. Some define a depression as a scenario where real Gross Domestic Product (GDP) falls by more than 10%. Another way to distinguish it from a recession is the duration. A recessionis typically said to last for a year or less, while an economic crisis can persist for several years.
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Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.
