Even negative interest rates and the "bank bail-ins" they've been talking about since the financial crash of 2008 will not unwind this mess. See what happened in Cyprus. Also, low interests rates create massive speculative investing bubbles where people will borrow huge amounts of money because any return at all will be better than the interest they are paying which creates even bigger boom/bust cycles. Who wouldn't use nearly free money to invest in wildly crazy things, especially if you're "too big to fail"?
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Totally agree. The 10+ years of low interest rate environment since 2008 bust have built up a lot of bubbles that are going to have to pop at some point.