1987 - October 19, 1987 is referred to as Black Monday because financial stock markets severely crashed, all around the world. It already started the week before, when stock markets in Asia dropped. It spread to European stock markets and eventually infected the United States. On Monday The Dow Jones Industrial Average fell 500 points. World’s most influential stock market lost more than a quarter of its value.
Nobody really saw it coming. Economy rapidly recovered from the recession in the early 1980’s. It landed softly in 1985; economy slowed and inflation dropped but looking back at it, economists blame several causes for the crash. Interest increased and overvaluation occurred. A popular explanation for the crash was selling by program traders. Computers performing rapid stock executions, based on external inputs. The Black Monday decline was the largest one-day percentage decline in the Dow Jones Industrial Average.
Investors were surprised that it took the financial market only two years to recover. For comparison: The stock market crash of 1929 was overcome after 25 years. Traders suspect that a crash like the one in 1987 can’t happen again, because rules were developed after Black Monday. The rules are known as ‘trading curbs’. For instance; exchanges are allowed to temporarily halt trading, in instances of exceptionally large price declines in some indexes.
360 trivial fact
In New Zealand and Australia Black Monday is referred to as Black Tuesday, because of the time difference.
World’s first successful video game!
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The death of princess Wilhelmina van Oranje-Nassau
On the 28th of November in the year 1962, the beloved princess of the Netherlands, Wilhelmina Helena Pauline Maria, passed away. She was born on August 31 in the year 1880 and was queen of the Netherlands from the 23th of November 1890 until the 4th of September 1948. This made her the longest reigning queen in the Netherlands. Read More >>
The day a guitar hero was born
On the 27th of November in the year 1942, famous rock guitarist, Jimi Hendrix was born. He grew up in the backstreets of Seattle and spent most of his youth living with his father. His mother died very young, due to the effects of an alcohol addiction. Read More >>
Thanks for the gold and merry Christmas
The security firm thought the building was bandit proof, but they hadn’t thought of one of their own guards simply opening the door. Robbers entered a building, tied up the guards and threatened to light them on fire if they did not tell them how to open the vault. After the guards told them, the robbers thanked them for their help and wished them a merry Christmas. The robbers expected to find 2 million pounds worth of gold. Instead they found 26 million pounds (now £80,5 million). The building that was robbed was Brink’s-mat. Read More >>
The rebel of Poland
Back in the year 1976 Polish workers where in despair. Prime minister Piotr Jaroszewicz revealed a plan to increase the food prices. The plan was to increase butter by 33%, meat by 70%, and double the price of sugar. This hadn’t been the first time the government tried to increase the food prices, and certainly wouldn’t be the last. But this time it lead to massive protests. Luckily there was one man to lead the oposition. Lech Wa??sa. And he did so well, he became prime minister on this day in the year 1990. Read More >>
1997: The show must go on
1977: Launch of the first weather satellite
2005: Angela Merkel becomes the first female Chancellor of Germany
1981: Dutch people united against NATO’s cruise missiles
1985: Looking through the Windows
1911: Mission: transmission
1987: Smoke Underground
1913: Wonder of the world, the Panama Canal
1974: Mamma Mia!
1990: Girl You Know It’s (not) True!
2008: Recession in Europe!
1997: Hakuna Matata! An iconic musical is born
1990: A modern emperor in a traditional house
2000: 155 people killed in a cable car
1989: Word processing gets a huge impulse
1989: Tear down this wall!
1966: Cake for Gordon Ramsay!
2000: Ingrid of Sweden; the beloved Queen of Denmark
1965: How to become president, born poor: Nixon is elected president
2014: Painting of Van Gogh sold for a record price
2008: Change has come to America
1906: The history of ‘SOS – help me’!
1982: Shooting a horror movie. As a music video ...
1512: Michelangelo’s masterpiece is exhibited for the first time
1632: Today, 486 years ago, Johannes Vermeer was baptized
2012: The day Darth Vader and Luke Skywalker became Disney heroes
2012: Today, 6 years ago, Hurricane Sandy hit New York City
1886: The history of ticker tape parades
1988: E.T. on home video
1992: A tour through history
2007: The giant multinational airliner
2003: Concorde makes its last commercial flight
2001: Music from your pocket
1906: Highway to success
1980: The media queen
1965: Beatles receive a gold record for ‘Yesterday’
1968: Circus Circus opens in Las Vegas
1931: Al Capone finally convicted
1923: Hello Mickey!
1987: The Great Storm hits France and England
1940: Happy birthday Sir Cliff!
2010: Mining accident Chile comes to an end
1935: And stars were shimmering. Today was Pavarotti’s birthday.
1986: Why the Reykjavik Summit was a success after all
1963: Life in rosy hues. Today the sparrow died
1940: Tell me it’s not true!
1896: Giant surviving depressions, two World wars and Black Monday: Dow Jones
1919: KLM. The oldest airline in the world
2002: From outcast to popular prince
1962: 007’s first movie mission
2006: WikiLeaks launched by Julian Assange
1985: Space Shuttle Atlantis makes her maiden flight
1951: Every little thing he sings is magic. Happy birthday Sting!
1982: Inspirational technology: Epcot opens in Disneyworld Florida
1968: Boeing's 747 is celebrating
1988: The most flamboyant athletic of all time: Flo-Jo
2016: Fighter for peace: Shimon Peres died
1998: A phenomenon is launched: The first of search engine Google
1951: Professor Jongbloed demonstrates artificial heart in Paris
1944: Happy birthday Gordon Gekko!
1952: War between chicken and hamburger
1939: Unconsciously, Freud will always be in our minds
1964: Congratulations Fiddler on the Roof!
1958: The man who saved millions of lives
1934: Buon compleanno Sophia Loren!
1857: Scrunching or folding?
1977: First picture of moon and earth
1787: We the people ...
2008: Once upon a time ... Lehman Brothers
1978: Outside the box
1955: Tutti Frutti, aw Rooty!
2004: And you get a car! And you get a car! And you ...
1953: Jacqueline Bouvier becomes Jackie Kennedy
2001: Where were you?
1981: A masterpiece coming home
1960: A romcom legend was born
1664: The city that never sleeps wakes up
1923: The international force of justice
1997: Goodbye England's rose
1980: The Gotthard tunnel opens
1882: Thomas Edison: parasite of technology
1965: The man with tiger blood
1952: Left-handed legend
1934: MGM's first animated cartoon
1997: Death of a princess
1930: Getting rich by reading a lot
1932: Beloved Hollywood star Ingrid Bergman was born on this day
1837: The famous fermented Worcestershire Sauce
1955: You might have never heard of these crazy world records
1916: Remembering Mother Teresa
1930: Happy birthday Scottish Knight Sean Connery
1954: The end of his presidency was the end of his life
1927: World’s most famous rabbit
1978: The burning spear of Kenya
1859: Great timing
1988: The great firestorm of Yellowstone
1883: Most influential woman; Coco Chanel
1940: Walter Chrysler the car doctor
1786: Davy Crockett, the true pioneer
1977: Elvis has left the building
1057: Was Macbeth really such a bad guy?
1951: Hearst Castle, a grown up’s Disney land
1926: Fidel Castro, liberator of Cuba
-30: Cleopatra, was she really who we think she was?
1858: Without this man we might all be dead
1787: Mozart’s obsession with poop
1963: Happy birthday Whitney Houston!
1974: The White House Watergate Scandal
1876: Mata Hari, the exotic woman spy
1890: The first man killed by an electric chair
910: Vikings; peaceful farmers or cruel conquerors?
1875: Once upon a time there was a man called Hans Christian Andersen
1811: Don’t be afraid of riding an elevator
1922: Does this name ring a bell?
1981: I want my MTV
1965: We celebrate the birthday of Harry Potter and his creator
1947: Happy birthday Herr Schwarzenegger
1958: NASA, exploring space
1741: Antonio Vivaldi, one last bow
1980: The last Shah
1943: Congratulations to sir Michael Philip Jagger
1999: The most infamous rider: Lance Armstrong
1911: Finding the ‘Sacred City’ Machu Picchu
2011: Rest in peace, Amy Winehouse
2011: Norway’s darkest hour
1969: Neil Armstrong’s walk on the moon
1976: Life on Mars, Viking 1
1814: Colt’s Revolver, the great equalizer?
1950: Happy birthday Richard Branson
1954: Congratulations to Angela Merkel
1661: At all costs, Europe’s first banknotes
1997: Gianni Versace, dressed to kill
1881: ($5,000.00) Billy the Kid, dead or alive
1942: Han Solo to Indiana Jones, congratulations Mr. Harrison Ford
1536: Erasmus, the one and only
1934: Happy birthday to Giorgio Armani
1830: Remembering French art master Camille Pissarro
1947: O.J. Simpson celebrates his birthday today
1997: 3 million men and women protect the world
1947: Did UFO’s crash near Roswell?
1971: Louis Armstrong painted a wonderful world
1996: Dolly’s special 'birthday'
1930: 'The Boss' of the world-famous Yankees
1863: The battle that made America what it is today
1566: The famous France physician Nostradamus died on this day
1997: United Kingdom gave Hong Kong back to China
1894: The opening of the London Tower Bridge
1976: The Seychelles became independent on this day
1971: We wish Elon Musk a happy birthday
1954: World’s first nuclear power station opened on this day
1909: The wonder of V&A
1950: Will Korea ever be one again?
1987: Happy birthday Lionel Messi!
1995: Jonas Salk and the amazing vaccine
1987: Footloose Fred Astaire
1982: William Arthur Philip Louis
2005: Microchips are taking over the world
1953: Looking back at the first Soviet spies
1928: Who was Roald Amundsen?
1882: Russian composer Igor Stravinsky was born on this day
1829: Apache leader Geronimo was born on this day
1991: How a volcanic eruption changed the global temperature
1968: The classical fire of Salvatore Quasimodo
1944: All Nations; unite!
1903: Niagara Falls, a drop of water
1910: The Undersea Adventures of Jacques Cousteau
2004: Hit the road Ray
1870: How Charles Dickens cured insomnia
1921: The second President of Indonesia was born on this day
1929: Vatican City officially became independent on this day
1523: How King Gustav ended the Kalmar Union
1947: How the Marshall plan started the cold war
1798: Who was Casanova?
1865: UK's big Five; George V
1989: Robin Williams, an amusing spark of madness
1980: The beginning of CNN
1930: Happy Birthday Clint Eastwood
1431: The national heroine of France was murdered on this day
1954: The first Bilderberg Conference was held on this day
1961: Amnesty International was founded on this day
1923: 'Power is the great aphrodisiac'
1907: Wild West Wayne
1939: Happy Birthday to Sir Ian McKellen
1941: The Freewheelin' Bob Dylan
1937: Businessman John D. Rockefeller died on this day
1977: The Orient Express made its last voyage on this day
1527: On this day Spanish King Philip II was born
1506: Why Christopher Columbus wasn’t who you think he was
1881: Remembering Atatürk
1927: Ritz, guest at a palace
1886: John Deere and what he held most dear
1905: Congrats Henry Fonda!
1955: Cosmodrome, a glance under the dome
1984: Hooray for the man who changed our social lives
1950: Grand Prix, enter the circuit
1820: The bright Florence Nightingale
1981: Let’s get together and remember Bob Marley
1960: Happy birthday to Bono from U2
1967: The creation of a Fokker
1903: Paul Gauguin, who was he really?
1919: Eva Duarte aka Evita was born on this day
1961: George Clooney; an actor against all odds
1945: Let’s celebrate freedom!
1959: The first Grammy Awards were handed on this day
1933: The Godfather of Soul was born on this day
1519: Leonardo da Vinci died today
1994: Today we commemorate racing legend Ayrton Senna
1777: Gauss, the foremost of mathematicians
1980: Rest in Peace Alfred Hitchcock
1974: Penélope Cruz; cruising the world
1791: ?? ??? ·?· ··· ·, AKA Morse
1986: Chernobyl. A safety test turning into a disaster
1719: Crusoe's crusade
1942: Today we sing happy birthday to Barbra Streisand
1928: Today the famous actress Shirley Temple was born
1993: Civil rights activist Cesar Chavez died on this day
2016: Rest In Peace Prince
1912: The author of the famous horror novel Dracula died today
2005: On this day Joseph Ratzinger became Pope Benedict XVI
1955: Today we remember Albert Einstein
1790: A day to remember founding father Benjamin Franklin
1942: Today, 76 years ago, Frank Williams was born
1912: Today, 107 years ago, Titanic sank
1865: Abraham Lincoln was shot on this day
1860: 'You've got mail, partner'
1947: Happy birthday, talk show legend David Letterman
1960: We wish Jeremy Clarkson a Happy Birthday
1986: This is why everyone pointlessly looked up in 1986
2005: Is Prince Charles Prince Charming?
2013: The Iron Lady, in her prime
1947: Rest in peace, Henry Ford
1896: The Olympic flame that travelled to space
1950: One of the A’s of Abba celebrates today
1973: Love and hate for the most famous towers in the world
1924: Brando, sleep with the fishes
1914: 'Use the Force, Alec'
2018: ''You little bastard''
1685: Bach, the composer who went to prison
1945: Happy birthday to Eric Clapton!
1974: Secrets below our feet; the Terracotta Army
1986: The Princess of pop
1845: Mister X-ray
1827: Beethoven, a historic “rap” battle artist
1942: Respect for Aretha Franklin!
1905: Jules Verne, future seeing novelist
2011: Who's afraid of Elizabeth Taylor?
1948: Hymns of rock
1617: Pocahontas; uniting new worlds
1602: Harbouring our harbour
1813: Dr Livingstone I presume?
1956: A skiing legend was born today
1919: Do you remember Nat King Cole?
1940: The writer who gave away her Nobel Prize
-44: Julius Caesar, miracle or menace?
1932: The inventor of selfies
1979: The first steps to the Euro
1945: A young girl and her diary
1931: CEO of our knowledge
1988: The Bee Gee brother
1934: Aerospace pioneer
1983: The right dose of DOS
1872: How painting lines can put you on the Nazi blacklist
1899: Don’t do drugs, but this one is quite okay
1827: You use them everyday without thinking about it
1936: The first air ship travels the skies
1983: The Adventures of Tintin
1977: Viva la Vida
1810: ''Music has no fatherland''
1940: A racing legend raised in a refugee camp
1892: The designer of the Louis Vuitton bags died on this day
1932: Today we commemorate Johnny Cash
1841: Pierre Renoir, a struggling artist who found his place
1990: The Secret Gay Life of Malcolm Forbes
1965: Do you remember Stan Laurel?
1987: Who was Andy Warhol?
1965: Malcolm X’s life in a nutshell
1967: Kurt Cobain’s birthday
1473: Astronomer Nicolaus Copernicus was born on this day
1954: Let’s boogie on the birthday of John Travolta
1963: Happy birthday Michael Jordan!
1923: Archaeologist Howard Carter opens the tomb of King Tutankhamen
1564: Famous astronomer and scientist Galilei Galilei was born on this day
1962: A tour through the White House for everybody in the world
1920: Today we can celebrate the neutrality of Switzerland
1809: The inventor of the theory of evolution was born on this day
1929: How the Vatican City became the smallest country in the world
1996: World chess champion Garry Kasparov loses game to computer
2002: The sad story of Princess Margaret
1969: A large ball of fire hits Chihuahua
1940: The day Pinocchio came to life
1935: The day buying streets and houses became a game
1952: The first ‘don’t walk’ traffic lights were installed in New York
2019: The whole world is fighting cancer
1959: ''The day the music died''
1990: ''The day I ended apartheid''