The panic 0f 1907.

Besides this, the war dur­ing the peri­od round about the time Suez canal was digged(1870), Turkey and Egypt strug­gled with the finan­cial con­se­quences of their war.(Never knew that a famous opera of Ver­di was used for polit­i­cal rea­sons) There was a finan­cial inter­ve­nience of the UK in order to get out of the sit­u­a­tion.( I only both­er a glob­al describ­tion of the sit­u­a­tion. )Any­how, there are peo­ple who are com­par­ing with good rea­sons the finan­cial sit­u­a­tion at that time with the present one of the USA. 

Rather infor­ma­tive was an arti­cle in a news­pa­per about the ​‘Wankel­mo­tor’. That engine is found­ed on a dif­fer­ent tech­nic than the usu­al ones which is based on pis­tons caus­ing expan­sion. Invest­ments in new tech­nics espe­cial­ly for cars, ves­sels and aero­planes are extreme­ly a neces­si­ty at the moment. Gen­er­al­ly spo­ken, it is remark­able that last two decades devel­op­ping tv pro­grams, movies and ​‘danc­ing with the stars’ were con­sid­ered more attrac­tive than devel­op­ping new tech­nics apart maybe from the IT. I would not be sur­prised if times are a chang­ing for the sec­ond time(since 1960). 

Any­how, I expect AEX 490 – 495 at mon­day or else it will remain 499 as the S&P futures are pushed upwards and by whom? On the oth­er hand one can bet­ter choose for DOW down tot 11.350 in three days at a stretch which is only a decline of 10% w.r.t. 12.800.