Jim Rogers: US will lose economic war

China has become the world's fastest growing economy, what can the US be taught from the Chinese as the US economy continues to struggle? Jim Rogers, co-founder of the Quantum Fund says that US citizens should save and invest their money as their Chinese counter parts have. The Chinese are saving and investing an average of 35% of their income, taking an age old US principle and using it to their advantage.

China is no longer the largest US debt holder after massive sale of US bonds

China is selling off US debt , What Next ???

China has sold more than 34 billion dollars of US debt holdings. Chinas military has called for the government to punish the US because of a potential meeting with the Dalai Lama. China's holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions. Bill Gertz says that it is also apparent that China will not support the sanctions that the United States is putting on Iran.