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	<title>China Financial Markets &#187; Logan Wright</title>
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		<title>As deficit countries contract, can surplus countries be far behind?</title>
		<link>http://www.mpettis.com/2009/01/10/as-deficit-countries-contract-can-surplus-countries-be-far-behind/</link>
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		<pubDate>Sat, 10 Jan 2009 12:09:11 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Fiscal debt and deficits]]></category>
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		<category><![CDATA[Labor and unemployment]]></category>
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		<category><![CDATA[Logan Wright]]></category>
		<category><![CDATA[US jobs]]></category>

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		<description><![CDATA[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 [...]]]></description>
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