Economy News for Fri 3 June 2011

China Dumps 97% Of Its Holdings In US Treasury Bills
http://cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

Stocks Post Fifth Straight Week Of Losses
http://finance.yahoo.com/news/Stocks-post-fifth-straight-apf-3971557327.html?x=0

Regulators Shut Small SC Bank; 45 Failures in 2011
http://finance.yahoo.com/news/Regulators-shut-small-SC-bank-apf-2565468384.html?x=0

US Service Sector Grew In May
http://finance.yahoo.com/news/Trade-group-says-US-service-apf-879329430.html?x=0

Bleak Jobs Report Dampens Hopes Of Steady Growth
http://finance.yahoo.com/news/Bleak-jobs-report-dampens-apf-3059717337.html?x=0

US Is Already In A Growth Recession
http://www.investors.com/NewsAndAnalysis/Article/573972/201106011847/President-Plays-Economy-Lists.htm

Spinning The Economy To A Recovery
http://usawatchdog.com/economy-recovering/

Treasury Continues To Dip Into Retirement Accounts
http://www.zerohedge.com/article/treasury-continues-dip-retirement-accounts-prepares-take-out-66-billion-chunk-make-space-new

BBC HardTalk:  Jim Rogers
https://www.youtube.com/watch?v=FVPt04ySYRE&feature=player_embedded#at=15

Moody's Threat Of US Downgrade Departure From S&P's Warning
http://www.foxbusiness.com/markets/2011/06/02/moodys-threat-us-downgrade-departure-from-sps-warning/

OTHER:

Idaho To Be First Chinese State?
http://smartgirlpolitics.ning.com/profiles/blogs/idaho-to-be-first-chinese

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