In this report I talk about recent comments by Alex Brazier of the Bank of England. Mr Brazier warns about the consumer credit bubble in the UK but fails to mention that this bubble has been created by the Bank of England's highly accommodative monetary policy of the last decade.
"Bank Of England Warns Of "Spiral Of Complacency" Over Soaring Consumer Debt": http://www.zerohedge.com/news/2017-07-25/bank-england-warns-spiral-complacency-over-soaring-consumer-debt