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Carnegie Fonder fund manager: Sweden Should Just `Borrow Like Crazy,'

Sweden needs to toss its budget surplus regime out the window and “borrow like crazy” to ease the pain of an economic slowdown and to prevent political upheaval.

Photo: Niels Ahlmann Olesen/Ritzau Scanpix//

Sweden needs to toss its budget surplus regime out the window and “borrow like crazy” to ease the pain of an economic slowdown and to prevent political upheaval.

That’s the view of one of Sweden’s most influential fund managers, Simon Blecher, a former newspaper columnist who now manages equities and bonds at Carnegie Fonder with about SEK 70 billion kronor (EUR 7 billion) under management.

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