Will QE2 be enough to kick-start the economy?

It is unlikely Peter Hensman, fund manager, Newton   It is unlikely the resumption of QE will be sufficient to alter the long-term trajectory of the UK economy. The outlook remains constrained by the repayment of debts accumulated prior to the credit crunch, debts that were assumed to be sustainable on the expectation that the economy could boom without bust and were justified by financial innovations that meant risk was spread throughout the system, with the strongest holding the riskiest parts of capital structures. These assumptions were discredited by the events of 2007/08. ...