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Month: July 2019

Swedish debtors

It is no secret that there are quite a few who have debts with Kronofden. About 400,000 Swedes and 100,000 companies have debts with Kronofden, which is a great deal. But what is it that makes us in trouble? We…

Low interest rates threaten business models of banks

The persistently low level of interest rates could lead to significantly higher lending rates in a few years’ time. This is only seemingly paradoxical: the business model of more and more banks due to the artificially low interest rates could…