POLS 2250 Lecture Notes - Foodborne Illness
Document Summary
Auckland (place in new zealand) council ran out of money. Auckland zoo had to shoot baby hippo had no room to expand hippo pen. 1984, everything changed disappearing gov"t - beehive is what the building is called where gov"t gathered. Have no foreign exchange new zealand bonds were not selling. If we default on one loan, you default all loans and credit will be blown everywhere. Canada has debt more extreme than new zealand. Sheep has been the big dollar earner for new zealand - 1973 pm maldoon did not take the hit but borrowed money to keep up standard of living. Air new zealand went to australia, telephone company to america, three- quarters of countries post-office were shut down. Buying used cars that don"t even work from tokyo nz paid good money for these cars too. Elderly nz didn"t want to from the japanese. Nz needs foreign cash to keep up to pay foreign debt.