Opinion | Fifty years later, Nixon’s ‘August surprise’ still reverberates


Thus did Richard M. Nixon revolutionize international economics 50 years in the past this month — on Aug. 15, 1971. But, because the parallels between the “Nixon shock” and former president Donald Trump’s insurance policies present, worldwide financial imbalances, and the disruptions they spawn, are with us nonetheless. For that motive alone the episode deserves remembering, and reconsideration. | Opinion | Fifty years later, Nixon’s ‘August shock’ nonetheless reverberates


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