two views:
the covenant camp believes that the Church is the new Israel, so
whatever is happening in Israel in the Middle East does not have
bearing.
The dispensational camp [the camp where i belong] believes that
"Yes, the regathering of Israel again as a nation fulfills the
first
stages of the many prophecies in the Old Testament
about the end times. And it indeed signals the coming great
tribulation and etc.
about israel's role in the end times:
two views:
1)The covenant camp believes that the Church [Israel] will undergo
tribulation [they are post-trib] and from here the covenant camp
divides into two:
there are covenants who do not believe believe in a literal one
thousand years, hence they are called covenant ammellinialist and
covenants who believe in a literal 1000 years, hence they are
called covenant premillinialist.
the former believes that the Church [Israel] will undergo
tribulation and then the SEcond coming will ensue and then the
general judgement will follow.
the latter believes that the Church [Israel] will undergo the same
procesess as stated above but will rule for a thousand years here
on earth.
2) the dispensationalists camp believes that IsrAEL WILL have a
major, major part in the end times. We believe that 144, 000
thousand Israelites will be saved in the tribulation [REv. 7] and
they will become preachers of the word for the world and the
Antichrist will persecute them, kill them, behead them and
etc.
However, three kinds of dispensationalist trifurcate here:
There are dispensationalist who believe in:
1) Pre-Trib Rapture [the Church will be snatched away to heaven
just before the start of the Tribulation ,Here i belong].
2) Mid-Trib Dispensationalist [in the middle of the trib. the
rapture will occur]
3) and the Post-Trib dispensationalist [after tribulation
rapture]
all dispensationalist believe that Israel will become the top
nation all over the world in the coming Mellinium after the great
tribulation as predicted in tHe Old TEstament. THe Lord will rule
the whole wide world with Jerusaleme as His headquarters bringing
peace, prosperity and justice to all the earth.