If a person has the wrong view of history, they will invariably have an incorrect world view. For instance, if you believe that we are all the product of evolution, completely apart from God’s creative design, you will have a different moral compass than a person who believes that God has fearfully and wonderfully created us for a specific purpose. One person could view human history as an endless cycle of repeating events that are summed up in what we call the rise and fall of world empires; another person may view the history of man as random events with no meaning and headed towards oblivion. You likely know someone who views the world this way; where all events are pointless and have no meaningful consequences.
Without belaboring the point, most of us can see how our view of the past will have an impact on how we make decisions and live our life. An incorrect view will lead to incorrect decisions and a wasted life. The way we view the past extends to and colors our view of the future. A person who believes all past events are random will extend randomness and meaninglessness to all future events. In their view, the life of a fly would have as much meaning as that of a person. On the other hand, a person who sees the past as God revealing Himself through historical events will likely understand that God is a God of Judgement, Mercy, and Grace and will know that future events will be handled in a way consistent with God’s attributes. Everything that you learn about God from history as presented in the Bible can (and should) be applied to current events as well as future events.