GMC bankrupt! is anyone surprised?

I suppose I have to admit when I first heard reports that General Motors and Ford in the US were close to bankruptcy I was a little surprised. Not surprised that such high profile examples of the US capitalist dream had gone radically sour, but surprised that the management of these corporations didn’t seem to …

Petrol to hit $25/litre!

I remember in the early 70’s when the world was experiencing it’s first “Oil Shock”. Cruising along, dad at the wheel of the old Humber Super Snipe (kewl eh?) when the interviewee on the radio made the dire prediction that petrol would get to $1 a gallon. (Yes, it was definitly gallons, the ‘metrication’ program …