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7.15.71 – The Nixon Shock

The term "Nixon Shock" is generally made in reference to the August 15, 1971 speech in which President Nixon announced he would take the nation off the gold standard. But only one month prior there was an earlier Nixon shock, one which sparked lasting change around...

“Eureka”

Henry Kissinger meeting Chou Enlai for the first time, July 9 1971. After two years of backchannel exchanges and subtle signals of interest, Premier Chou Enlai of the People's Republic of China on June 2 1971 delivered, in the words of National Security Council head...