The removal of Rick Wagoner of General Motors and Christian Streiff of Citroen would seem to suggest that those seen as being responsible for poor business performance are being replaced by people not tarnished with the mistakes of the past.

One has to ask if this is the beginning of a cull of top business people seen as responsible for causing the financial crisis and whether it will satisfy people’s anger of like the French revolution simply call for more blood?

The potential of three million being made unemployed in the USA if General Motors, Ford and Chrysler fail to gain financial backing from Congress coupled with Woolworth’s collapse and general downturn is the world heading for a “Depression” in 2009?