Downsizing Italian style - 4

General Motors may survive bankruptcy - great news! Maybe this time around they will learn to make what people need!

Ironing - one of the victims of the Economic downturn

One of the first luxuries to go in recession is ironing. Why would you need pressed clothes if you are unemployed and losing your home?

Downsizing Italian style 3

With the Australian Government confident that Australia will be out of recession this Christmas, following yesterday's assessment by the Reserve Bank, there will be a long time before you'll see these cars on Australian roads.

Recycling

In a move to reduce cost, car manufacturers have gone to extremes after massive layoffs have failed to bring results. From July, all new cars will have between 10% and 90% recycled parts.
The good news - recycled parts have been extensively tested.

Fighting the recession

In these tough times, to survive, you need to think inside the square. That's where the cashed-up tourists are.

Good news in Wayne Swan's Budget

Retailers are the big winners from yesterday's budget, as Australians are lining up to spend the Rudd government's stimulus package on the new belt developed by the CSIRO.

The belt is said to be 25% stronger and 30% shorter than a normal belt and it is expected to last a minimum of ten years.

The belt is expected to drastically reduce the obesity rate in Australia and the carbon emissions.

Downsizing Italian style (2)

GM Holden have announced the introduction in production of a new compact car.

To get the support of the public, management have decided to replace all Company cars with small cars (see picture), effective immediately.

The move is expected to allow Australia to reach its carbon emissions target and has been welcome by the Greens.

Happy Mother's day!

Found these flowers heavily discounted at the supermarket and I thought I'll share them with all the mothers in the world. It is encouraging to see that supermarkets are helping the community celebrate Mother's day in this economic climate.
Happy Mother's day!

Borrowing has become harder in the current climate

Small businesses are feeling the effects of the economic downturn, as it becomes harder to borrow money from the banks.

Downsizing Italian style 1

No wonder FIAT is buying General Motors.

A while ago, a friend of mine went for a job interview with Mitsubishi in Adelaide.

He told them that the future for the Australian car manufacturers would no doubt be to build small cars. They laughed and sent him away.

Who are they now, I hear you say, and rightly so.