Babylon Rising from the Ashes as a Pheonix?

I know very well that the Scriptures speak of this, but happening in my lifetime? It very well may be happening, as I came across this morning on Joel Rosenberg's blog.

I want to laugh, I really do, but I can't. I want to say, not while I'm here, but I can't. In my spirit I know that many of the events the Scriptures speak of will either happen in my lifetime, or the precursors to them will transpire...

Frightening yet exciting at the same time...