Sweden’s Lessons for Managing Financial Crisis
Oct 12, 2009 Urban Backstrom
Urban Backstrom is Director General of the Confederation of Swedish Enterprise and a former State Secretary in the Ministry of Finance who was charged with managing the 1991-1993 Swedish banking crisis.
Some have long argued that private digital money and the technology underpinning it will revolutionize finance in the long term. But with Bitcoin plunging, stablecoins collapsing, and crypto lenders freezing withdrawals, we asked PS commentators whether the industry has a future.