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HEADLINES ON November 16, 1973
Full News Archive
- Headline: Kissinger's Diplomatic Challenge with Japan. Impact: Kissinger's inability to assure Tokyo sent shockwaves through the oil markets. This led to Japan's frantic search for alternative energy sources, sparking an underground movement of 'No More Sushi, Save the Oil' which, bizarrely, became a popular slogan among environmentalists in the 90s.. Fact: Did you know that without this diplomatic kerfuffle, we might have never had the 'oil crisis' parties? Talk about a silver lining!.
- Headline: Shifting U.S. Stance on Korea Security. Impact: The U.S. hinting at a shift in Korea is like throwing a pebble into a pond filled with angry fish. This created a ripple effect, leading to a series of bizarre diplomatic incidents, including an unexpected karaoke contest between U.S. and North Korean delegates in the late 70s.. Fact: Fun fact: karaoke was actually invented as a way to distract diplomats from their more serious discussions. Who knew 'Don't Stop Believin'' could prevent wars?.
- Headline: Kissinger's Historic Visit to China. Impact: Kissinger's charm offensive in China not only opened doors to diplomatic relations, but also set the stage for a hair product craze in the 80s that was inspired by his magnificent coif. 'Kissinger Curls' became the must-have style for diplomats everywhere.. Fact: Interestingly, Kissinger's hairstyle has been studied for its aerodynamic properties. Who knew diplomacy could have such a sleek side?.
- Headline: U.S. Says Unidentified Ship Fired on Vessel in Mideast. Impact: The unidentified ship firing a shot across the bow was the start of a long-standing tradition of 'guess who’s firing at us' in international waters. This incident was later cited as inspiration for the popular board game 'Battleship'.. Fact: Did you know? The U.S. freighter La Salle's captain almost turned it into a reality show called 'Real Ships of the Mideast'. But the idea sank like a rock..
- Headline: Australian Leader Exchanges Insults With Legislators. Impact: Whitlam's cocktail party insults sparked a revolution in Australian politics, leading to the invention of the 'political roast', where politicians would gather to insult each other under the guise of camaraderie. It’s still a hit today.. Fact: Did you know that if you mix enough cocktails with politics, you get a highly entertaining circus? And sometimes, you even get policies!.
- Headline: Tough Bargaining Seen in Laos Before 2 Sides Form Coalition. Impact: The tough bargaining in Laos became a textbook example of how not to negotiate. It inspired a whole generation of diplomats to avoid direct eye contact and use confusing metaphors, leading to the infamous 'squid in the room' strategy.. Fact: Fun fact: the phrase 'squid in the room' was coined after this very incident, as no one wanted to address the elephant—or squid—in the negotiations..
- Headline: CHILE HELPING U.S. FIGHT DRUG RINGS. Impact: Chile’s crackdown on drug rings inadvertently led to the rise of a new underground economy, where people began trading knitting patterns and rare cacti instead of drugs, creating a unique 'green' economy that thrived for decades.. Fact: Did you know that the knitters of Santiago became so influential that their patterns were once considered a form of currency? Forget the pesos, bring on the sweaters!.
- Headline: The Shockley Case. Impact: The Shockley case ignited a fierce debate about free speech that somehow spiraled into a reality TV show called 'Free Speech Face-Off', where contestants faced off over the most outrageous opinions. Surprisingly, it became a hit.. Fact: Did you know? The first contestant of 'Free Speech Face-Off' was actually Shockley himself, who lost spectacularly after claiming that 'pineapples don’t belong on pizza'!.
- Headline: Shirley Chisholm Facing U.S. Inquiry Into 3 Areas. Impact: Chisholm's legal woes sparked a movement among politicians to ensure their campaign funds were 'accounted for'. This led to the bizarre creation of 'Political Fundraising Bingo', where all the misuses were hilariously documented.. Fact: Did you know that the first bingo winner was actually Chisholm herself, who claimed she was just 'playing the game of politics'? Talk about a twist!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1973, it would be worth $185,625 today (185.6x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1973, it would be worth $200,926 today (200.9x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1973, it would be worth $2,433,689 today (2433.7x return)