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See my latest - "Trying To Prevent Recessions Leads To Even Worse Recessions": realinvestmentadvice.com/trying-to-prev… $QQQ $SPY 
Deutsche Bank published a report that echos what I and other Austrian economists been saying for many years: actions taken by governments and central banks to extend business cycles and prevent recessions lead to even more severe recessions in the end.
The 10-year old economic expansion will set a record next month by becoming the longest ever. Great news, right? Maybe not, say strategists at Deutsche Bank.
When central banks cut interest rates to low levels, they manage to create economic booms by encouraging borrowing and higher asset prices. Unfortunately, these economic booms are often based on dangerous economic bubbles that burst and lead to recessions: realinvestmentadvice.com/trying-to-prev…
The false booms that occur when central banks interfere with the business cycle trick investors and entrepreneurs into thinking that they are organic and sustainable booms. When the booms turn to busts, the bad investments are known as "malinvestments."
Because the current economic cycle has lasted for an unusually long time due to the actions of central banks, an unprecedented amount of malinvestment has built up globally that needs to be cleansed in the coming recession.
It’s similar to a night of drinking: the more you drink and the later you stay out, the worse your hangover is going to be. Globally speaking, the last decade has been the bender to end all benders and the coming hangover is going to proportionally severe.
