This 1981 cartoon illustrates an aspect of Muldoon’s response to challenging economic conditions between 1975 and 1984. In an attempt to deal with balance-of-payment problems, he negotiated loans, but the debts were seen by some as a precarious house of cards.
Story: Muldoon, Robert David
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How to cite this page:
Barry Gustafson. 'Muldoon, Robert David', Dictionary of New Zealand Biography, first published in 2010. Te Ara - the Encyclopedia of New Zealand, https://teara.govt.nz/en/biographies/6m1/muldoon-robert-david/page-7 (accessed 26 May 2020)