Sweden’s socialist experiment – and its cost to the country's economy Sweden's central bank raised interest rates to 500% in 1992 to defend currency after government expenses exceeded private economy. Orignial Source: https://www.foxbusiness.com/politics/swedens-socialist-experiment-its-cost-countrys-economy Previous article: Trump proposes leveling playing field with China on flights over Russia to and from US Prev Next article: Iconic 169-year-old retailer to shutter 36 locations Next