As Deficit Countries Contract, Can Surplus Countries Be Far Behind?
January 11, 2009 at 18:10 PM EST
The US loses the most jobs since 1945, the Financial Times headline blared out yesterday. According to the article: The US economy lost more than half a million jobs in December for the second month running, figures showed on Friday, making 2008 the worst year for job losses since 1945 and intensifying pressure on Congress to [...]