Class Notes (810,889)
Canada (494,324)
POLS 2250 (168)
Tim Mau (126)

February 27.docx

1 Page
Unlock Document

University of Guelph
Political Science
POLS 2250
Tim Mau

POLS 2250 – February 27, 2013 New Zealand CTV W5 Video - New Zealand’s economy - Auckland (place in New Zealand) Council ran out of money - Auckland Zoo – had to shoot baby hippo – had no room to expand hippo pen - 3 and a half million people - 1984, everything changed – “disappearing gov’t” - “Beehive” is what the building is called where gov’t gathered - New Zealand’s credit ran out - Have no foreign exchange – New Zealand bonds were not selling - When a country defaults on a bond? 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 for
More Less

Related notes for POLS 2250

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.