Hello to our audience, welcome to “Qin Peng’s Observation”.
As the New Year approaches, it’s time to look back at major events around the world and make predictions for the upcoming year. This year, my global predictions are different from previous years. I will review the top 10 events of the year, including the Trump year, AI explosion year, Middle East year, the convergence and setbacks of the four major hegemonic countries, Elon Musk’s entry into politics changing the world, China’s market rescue turning into a dream, and more.
I will also discuss the subsequent impacts of these major events and talk about the financial prospects they bring in 2025, specifically focusing on monetary gains. For those viewers interested in investing in the new year, I hope you gain valuable insights.
Let’s now go through the top 10 global events in order of importance:
In 2024, the US and world news were dominated by Trump, who became “Time” Magazine’s Person of the Year, deeply influencing the world’s political, economic, and cultural landscape. His presidency brought about significant changes, reshaping not only material aspects but also spiritual and values aspects.
Recap of some key Trump events in 2024 included his trials and convictions, like being ordered to pay $83 million to writer E. Jean Carroll in January and facing 34 charges in the hush money case in May. His survival from an assassination attempt in July caught global attention, with many considering it a miraculous event possibly orchestrated by a higher power.
Following the election, Trump took early action, meeting with over 100 world leaders and receiving visits from American billionaires and tech giants. The spotlight shifted away from incumbent President Biden as Trump’s presence became more prominent in political circles.
Trump and Musk recently made significant moves by vetoing the Democratic Party’s emergency funding bill, condensing a 1,000-page bill to 100 pages and passing it through voting. Trump’s second term is expected to continue with this trend of appealing to public opinion and driving necessary changes within Congress.
Looking ahead to 2025, the world will witness significant reorganization around Trump, leading to four major transformations:
Firstly, the US is expected to witness another golden age through policies promoting economic growth, reducing fiscal deficits, boosting energy production, tax cuts for individuals and corporations, and enhancing government efficiency.
Secondly, US policies will have a global impact, especially in areas like oil prices, interest rates, and trade wars. Trump’s independent energy policy is projected to drive down oil prices, reduce inflation, and potentially influence global immigration, political shifts, and Musk’s efficiency initiatives.
Furthermore, a realignment of global powers will form a strong alliance led by the US with like-minded allies, affecting geopolitical relationships worldwide.
Trump’s efforts to promote peace in the Middle East and resolve conflicts have yielded positive results, showcasing effective strategies in dealing with regional tensions.
The Russo-Ukrainian conflict, ongoing since the end of 2024, has further escalated with Ukraine’s incursion into Russian territory. The involvement of North Korea in the conflict has added complexity to the global geopolitical landscape, prompting increased support from the Biden administration for Ukraine and secret handovers of strategic plans to counter China, Iran, North Korea, and Russia.
Looking ahead, Trump is expected to exert pressure on Putin, intensifying economic, financial, and energy sanctions on Russia to halt the war and isolate China and its allies.
On the technological front, 2024 marked the rise of Musk, with his ventures into space exploration, digital currency support, and substantial wealth accumulation showcasing his growing influence and impact.
The Federal Reserve’s decision to lower interest rates in 2024 signaled a significant shift in monetary policy, setting the stage for a new era of monetary loosening and influencing global capital flows into the US.
By focusing on key global events and predicting future trends, the transition to 2025 promises to be filled with uncertainties and possibilities, with Trump’s leadership and policies shaping the course of international relations and economic developments.
As we approach the new year, let’s remain vigilant and attentive to the evolving global landscape and financial prospects. Wishing everyone a prosperous and peaceful New Year!
Stay tuned for our next program.
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