TSCF WARNS OF UPCOMING RECESSION

Since the 2008 financial crisis, the stock market has more than doubled size. The stocks are overvalued, as cheap money granted by the central banks has fueled speculation and a large debt bubble has built up. Tax cuts on the middle class , support to demand and a universal income may smoothen the unsettling effects of the changes to come. Individuals should take contingency measures such as buying gold, cryptocurrencies and real estate for their families.