The next recession is already on its way

Adamsmith
"All around you the seeds of the next recession are being sown. While entrepreneurs plant their malinvestments, the Bank of England’s credit hose will make sure they flourish. Thanks to the Bank of England’s monetary policy the next recession is already on its way. The cost of credit remains artificially low, thanks to the Banks ongoing decision to keep interest rates at a mere half percent. They have been at this level since March 2009, well over a year now. When combined with the £200 billion of quantitative easing – printing money – then we have a lethal economic combination."