ucantcomehome: it seems they were looking to 1914 and something big happened
Actually, those who watched world events knew a war would break out in a big way in Europe decades before it happened- not a matter of if, but when. Otto von Bismarck was one such person. Incidentally, CT Russell predicted nothing resembling the events that actually transpired in 1914.
Last warning and prediction
In December 1897, Wilhelm II visited Bismarck for the last time. Bismarck again warned the Kaiser about the dangers of improvising government policy based on the intrigues of courtiers and militarists. Bismarck's last warning was:
Your Majesty, so long as you have this present officer corps, you can do as you please. But when this is no longer the case, it will be very different for you.
Subsequently, Bismarck made this prediction:
"Jena came twenty years after the death of Frederick The Great; the crash will come twenty years after my departure if things go on like this" ― a prophecy fulfilled a little late when, twenty four years after his resignation as Chancellor, World War 1 began in August 1914.
"Europe today is a powder keg and the leaders are like men smoking in an arsenal ... A single spark will set off an explosion that will consume us all ... I cannot tell you when that explosion will occur, but I can tell you where ... Some damned foolish thing in the Balkans will set it off."
--- Otto von Bismarck
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For years it was thought that the Balkans would be the epicenter of a European wide conflict ("those damned Balkans" as Bismarck called them). Foreign offices even figured how it was going to happen: the Germans would let the Austrians go unchecked and Russia would refuse to lose face by allowing it. When the Balkan Wars erupted in 1912, administrators held their breath, but the fact that they were contained to the Balkans was a source of optimism for the doomsday predictors (James Joll in "The Mood of 1914" makes a good case for this).