Last week I posted a video in which Jim Rogers, co-founder of the Quantum Fund with George Soros, expressed his view that Asia is now the center of global economic strength and that the United States (the largest debtor nation in history) and United Kingdom are in decline.

Today, Reuters reported that George Soros said that China's global influence is set to grow faster than most people expect.  He told an audience at Shanghai's Fudan University, "In many ways, Chinese banking has benefited from being isolated from the rest of the world and is in better shape than the international banking system."  More...