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These days President Obama is overseeing the largest increase in the U.S. government’s share of the economy since it was conducting a world war almost seven decades ago. Economic stimulus, bailouts and expanded health care will all have to be paid for someday with either taxes or inflation. Borg is pushing Sweden in the opposite direction, encouraging the legislature to cut taxes, cap spending and privatize parts of health care.

"If you’re working yourselves upwards in taxes and deficits, we’re working ourselves downwards," says Borg. (FORBES recently interviewed him in Berlin, where he had delivered a speech.)

If you think Borg has the right idea, put your money on it. Sell some U.S. stocks and buy some Swedish ones.