" but "unlocks" might be "muliggør" or "åbner op for". I'll use "Hvad billigere lån muliggør" or "Hvad billigere lån betyder". Actually, the heading is "What cheaper borrowing unlocks" so "Hvad billigere lån frigør" is a bit literal. Maybe "Hvad billigere lån giver mulighed for" but that's long. I'll use "Hvad billigere lån åbner op for" but that's also literal. Let's do "Hvad billigere lån betyder" but that changes meaning. I'll keep "Hvad billigere lån frigør" but it's not natural. Perhaps "Hvad billigere lån kan føre til" but that's not exact. I'll go with "Hvad billigere lån muliggør" - that's fine.
Then: "When financing gets cheaper, the math on new projects changes. A company that once saw a loan as too expensive may now find it worthwhile. That can lead to more construction, more equipment purchases, and more hiring. The effect tends to ripple through the local economy, as suppliers and service providers benefit from the increased activity."
Translation: "Når finansiering bliver billigere, ændrer regnestykket for nye projekter sig. En virksomhed, der engang så et lån som for dyrt, kan nu finde det værd at gøre. Det kan føre til mere byggeri, flere indkøb af udstyr og flere ansættelser. Effekten har tendens til at sprede sig gennem den lokale økonomi, da leverandører og tjenesteudbydere drager fordel af den øgede aktivitet."
"the math" -> "regnestykket" is good. "worthwhile" -> "værd at gøre" or "værd at overveje". I'll use "værd at gøre".
Next: "The lower costs also make it easier for companies to manage their existing debt. Refinancing at a better rate frees up cash that can be used elsewhere. In some cases, it can keep a struggling business afloat long enough to turn things around."
Translation: "De lavere omkostninger gør det også lettere for virksomheder at håndtere deres eksisterende gæld. Refinansiering til en bedre rente frigør kontanter, der kan bruges andre steder. I nogle tilfælde kan det holde en kæmpende virksomhed flydende længe nok til at vende udviklingen."
"keep a struggling business afloat" -> "holde en kæmpende virksomhed flydende" is fine.
Next: "None of this is guaranteed, of course. Cheaper money only helps if companies actually put it to work. But the conditions are in place for a pickup in investment."
Translation: "Intet af dette er selvfølgelig garanteret. Billigere penge hjælper kun, hvis virksomhederne faktisk får dem til at arbejde. Men betingelserne er til stede for en stigning i investeringer."
"put it to work" -> "får dem til at arbejde" or "bruger dem". I'll use "bruger dem" but "put it to work" is idiomatic. I'll use "får dem til at arbejde" to keep the metaphor.
Next: "
The risks hiding in the low rates
" -> "
Risiciene gemt i de lave renter
" or "Risiciene ved de lave renter". I'll use "Risiciene gemt i de lave renter" but that's literal. Maybe "De skjulte risici ved lave renter" but the original is "The risks hiding in the low rates" so "Risiciene, der gemmer sig i de lave renter" is fine. I'll use "Risiciene gemt i de lave renter" for brevity.
Next: "The same forces that make borrowing cheap can also compress the returns investors earn. When everyone is eager to lend, yields shrink. That means the reward for taking on emerging-market risk gets thinner, and the margin for error narrows."
Translation: "De samme kræfter, der gør lån billige, kan også presse de afkast, investorerne tjener. Når alle er ivrige efter at låne ud, krymper afkastene. Det betyder, at belønningen for at påtage sig vækstmarkedsrisiko bliver tyndere, og fejlmarginen bliver snævrere."
"yields" -> "afkast" is fine. "margin for error" -> "fejlmargin" is common.
Next: "There's also the question of vulnerability. Companies that load up on debt when rates are low are betting that conditions will stay favorable. If global markets turn — a sudden
