And it’s going to be painful.
Oil quadrupled in cost after the six-days war between Israel and its Arab foes 40 years ago.
This introduced rampant inflation into the Western World in the 1970s and we all suffered, for a bit.
The same …
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Sports
- Martin Johnson and co get it completely wrong again
- Vanessa to reveal all to the News of the World
- Man U in the money? Not quite
- Pesto’s take on Man U’s debts
- Portsmouth and Chelsea - the perils of football finances
- Man City’s Cook puts his trainers in his mouth
- NoW has the knives out for John Terry
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Celebrity
- Still interested in our old friend Patrizia D’Addario? Give her a call
- Beyonce is magnificent - but way over the top
- The parralels twixt Tony Blair and Dr Brooke, belle de jour
- Has Belle de Jour been making it up all along?
- Belle de Jour tells all to Billie Piper
- The best and the worst of Megan Fox - all at once
- Whatever you say about Pammie, she’s a trouper!
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