Depression is threatening the world again. So what?

Today, there is a lot of talk and fear that the world will fall back into an economic depression, like the Great Depression that took place about 100 years ago.

Okay, first of all, what does depression mean?

The recession is a long phase in which the economy becomes paralyzed: production falls dramatically, companies keep quiet or reduce their work, unemployment increases, and people do not have money to spend. In simple terms, a recession is deeper and harder than a recession (which is a short-term economic slowdown). Stagnation in us is like a slight malaise, but depression is like a long and difficult disease.

How does the recession unfold?

• Companies are reducing their production and laying off employees.

• Unemployment looks frightening.

• People's purchasing power is reduced because salaries are low or there is no work.

• Exchange prices are falling, and investment is getting cold.

• Banks are tightening on lending, and people are afraid to act.

Depression Reverses People and Markets

The average citizen feels depressed at a time when it becomes more difficult to find work, or when there is not enough time left for the basics. Traders are selling less, and markets are losing movement. Depression means an economy that walks very slowly, and people who live in long-term distress.