King Albert of Sweden deposed

Albert of Mecklenburg (1338-1412) was King of Sweden from 1364 to 1389.
Albert was proclaimed King of Sweden and officially crowned on February 18, 1364. He kept the crown of Sweden until 1389.
Most of western Sweden did not support his reign.
It was only when he attempted to introduce reduction of the large estates of the Swedish nobility that he lost his support in Stockholm.
Albert was deposed in 1389.

Suppose Albert has the support of western Sweden and does not reduce the large estates of the nobility.
He is not deposed. He reigns to 1412. What happens then?
 
The Kalmar Union won't happen, at least not during that generation. However, the weak link of Scandinavia at that time was Norway, which basically was a piece that moved between Sweden and Denmark, with Denmark the ultimate winner.

Sweden was also far weaker than Denmark, and was basically contested over between Danish commercial and political interests, and German (the Hansa) commercial interests.

You should also remember that the Kalmar Union was dysfunctional beyond repair after Margaret's death, and was too diverse with no natural geographic gravity point (Copenhagen, Trondheim and Stockholm all were too peripheral). Sweden's history would most likely look very like.

The big event in Swedish history was the Stockholm Bloodbath in 1519 that destroyed the Swedish high nobility and thus made Gustaf Wasa the only logical conclusion. Wasa was the closest equivalent to Enver Hoxha during the 16th century, so he turned Sweden into a hyper-centralised state where basically everything was the property of the king. That allowed Sweden to become better to mobilise their resources than the neighbouring countries, despite being financially and demographically weaker.

Anyway, more German kings (like Albert) over Sweden during the early 15th century, will mean more Danish-Swedish wars, which would mean that Smaland, Halland and parts of Västergötland will probably end up permanently in Danish hands. Denmark did not desire being encircled by Germans.
 
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