The Bildt government, 1991-94, started with an ambitious long-term reform agenda but landed in the acute finance – and currency crisis of 1992. In "Reformatorn", a book about the government that Carl Bildt led, Hans Bergström has written the main essay on the formative moment of 1991. It is more than history. In the midst of a crisis, the government implemented structural reforms (deregulation, a new pension system, tax reforms, etc) which gave Sweden a long period of strong economic growth. These reforms are now in the 2020s at the core of what the left wants to absolish. The political landscape in the 2020s has, furthermore, many similarities with the situation around 1990.