China's Grip on U.S. Debt

[audio: http://newledger.com/podcasts/CoffeeandMarkets060611.mp3]

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the slumping markets, China’s holding of U.S. debt and Peter Diamond’s child-like tantrum.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

Stocks Slide, Led by Banks

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

Peter Diamond to Withdraw Fed Gov. Nomination

Francs: No, Mr. Diamond, the Fed Doesn’t Need Your Expertise

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00:23 – Market Update

03:06 – China’s Holding of U.S. Debt

15:08 – The Peter Diamond Saga

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