Revelation 18:1-3

1THEN I saw another angel descending from heaven, possessing great authority, and the earth was illuminated with his radiance and splendor. 

2 And he shouted with a mighty voice, She is fallen! Mighty Babylon is fallen! She has become a resort and dwelling place for demons, a dungeon haunted by every loathsome spirit, an abode for every filthy and detestable bird. 

3 For all nations have drunk the wine of her passionate unchastity, and the rulers and leaders of the earth have joined with her in committing fornication (idolatry), and the businessmen of the earth have become rich with the wealth of her excessive luxury and wantonness.

This angel has been given great power to profess openly and loudly that the worlds economic system has collapsed. It will be plain and clear to see and there will be no one who believes that it can be brought back to life. The wicked and demon possessed have destroyed it with excessive luxury, greed, ponzy schemes, deception, and fraud. Doesn’t this sound like the Pope, the false religious leaders of today, and the developed countries financial markets? Notice the verse does not say luxury, but excessive luxury.  Jesus never taught us not to have a coat, but He did say that if we had two coats to give one away, Matthew 5:41-42. Look at all of the huge elaborate churches of today. The Vatican is loaded with billions of dollars of art work. Mega churches are monoliths of worldliness. Companies make billions of dollars of profit and only give a fraction back to help those in need. Profit isn’t bad, but what we do with it can be. 

There are a lot of people who believe that Babylon the Great is an apostate church, the Roman Catholic Church, under control of the anti-christ. But look at what Jesus shows us here in these verses: all nations have drunk the wine of her unchastity, the leaders of the world and the businessmen of the world have become rich with the wealth of her excessive wantonness. Babylon has to be the worlds economic system. The Roman Catholic Church today does not yield such influence and when the anti-christ takes over, our Father will have released the Four Horsemen, the Plagues, the Seals, the Thunders, and the Trumpets. So the businessmen of the world will not have become drunk with excessiveness through the anti-christ. These things are happening now on Wall Street, in the Asian Stock Markets, and in the European financial markets. These wicked things are happening right now in the oil and real estate markets and they have happened for centuries. 

The Holy Spirit taught us that right before the end times come the world will be saying peace and safety. 

When people are saying, All is well and secure, and, There is peace and safety, then in a moment unforeseen destruction (ruin and death) will come upon them as suddenly as labor pains come upon a woman with child; and they shall by no means escape, for there will be no escape. 1 Thessalonians 5:3

There is coming a time when this peace will happen. Our Father will allow things to calm down for a brief season. The true Church will be walking in power and demonstration of the Spirit as we are being prepared for our service during the Great Tribulation. We will be glorious, without spot wrinkle or blemish. During this time of peace we will be being used by our Father to do miraculous and wonderful works. The world will be taking credit for it; they will credit their government and business policies. The world will credit men who they want to elevate and they will be saying peace and safety. And when they do this, sudden destruction will come upon them and unless they are sealed with the Holy Spirit, there will be no escape.