I don't know if Sweden was a part of ERM back then, I don't think so, but we had it hard too. The largest recession since the Depression, actually a new smaller depression, and it was all our own fault.

I remember going to school and we only had water to drink for lunch, they didn't reinstate milk until somewhere round 1996. Felt like a huge luxury when we got it.

Peak oil is not an energy crisis. It is a liquid fuel crisis.