On deck – what turmoil might the next 24 months bring?

Mid-October 2026 offers plenty to unsettle anyone paying attention. Stress fractures are opening through the global bond market. Fresh conflict is engulfing the Middle East. And in three weeks, Americans go to the polls for midterm elections that could reshape Washington for the remainder of President Donald Trump’s term.

The world is experiencing dramatic change - what will the next 24 months bring? Here are several trends now in play, and how disciples of Christ might view them with interest.

A shift in power?

As of this writing (October 12), most polls forecast the traditional midterm swing, with the opposition party—this time the Democrats—taking control of the House. Through the summer, Republicans were generally expected to hold the Senate. Since August, that picture has blurred considerably.

Pollsters point to the President’s low approval ratings as a major factor, with the ongoing Iran war and everyday affordability pressures acting as recurring drags on Republican candidates.

The current consensus? Democrats likely win the House by a margin of roughly 7 to 11 seats, with some polls projecting as many as 10 to 25. The Senate situation is murkier. Various models give Democrats a 65 to 78 percent chance of winning a slender 51- or 52-seat majority—favorable odds, but still far from a sure thing.

If Democrats take the House in January 2027, here are some possible outcomes:

  • Subpoenas and investigations into the Iran war, tariffs, immigration enforcement and executive-branch conduct.
  • Leverage over spending. More confrontational budget negotiations and a higher risk of government shutdowns.
  • Possible impeachment. Largely symbolic, since conviction requires 67 senators—a number no current scenario anticipates.
  • An end to party-line legislating. The President’s legislative agenda effectively stalls, and Republicans lose the ability to pass reconciliation bills.

A Democratic Senate would add control over confirmations of federal judges, cabinet replacements and any Supreme Court vacancy. With both chambers, Democrats could pass war-powers resolutions, tariff disapprovals and their own legislation.

The likely result? Presidential vetoes Democrats lack the two-thirds to override. In practice, that means gridlock, heavier reliance on executive orders and emergency powers, and a fresh wave of court battles.

God rules in the affairs of men

Polls, of course, are not the final word. As this blog has often emphasized, God Himself directs who rules in human affairs: “he removes kings and sets up kings; he gives wisdom to the wise and knowledge to those who have understanding” (Daniel 2:21, English Standard Version). The Apostle Paul affirmed the same truth: “there is no authority except from God, and those that exist have been instituted by God” (Romans 13:1, ESV).

Recent history offers a humbling reminder. Most forecasts for the 2016 election proved wrong. Donald Trump won the presidency despite losing the national popular vote, and Republicans emerged controlling both the House and Senate. Projections are useful; they are not reliable prophecy.

Do not fear what they fear

What does Scripture say about times like these? “Do not call conspiracy all that this people calls conspiracy, and do not fear what they fear, nor be in dread” (Isaiah 8:12, ESV).

Paul is even more direct about the expected response of disciples: “I urge that supplications, prayers, intercessions, and thanksgivings be made for all people, for kings and all who are in high positions, that we may lead a peaceful and quiet life, godly and dignified in every way. This is good, and it is pleasing in the sight of God our Savior, who desires all people to be saved and to come to the knowledge of the truth” (1 Timothy 2:1-4, ESV).

Note what Paul does not say. He does not tell believers to pray only for leaders they prefer – or voted for.

What about the global economy?

While the midterms dominate the headlines, quieter forces may matter more over the long run.

On October 8, the Economist posed a blunt question: “Will bonds blow up?” Its answer was sobering—”a government-debt crisis is looming.” But ironically, the magazine noted, America’s economy is booming, in part because of the very bond issues engulfing other nations like France.

But, as the Economist coverage continued, the energy shock from the Iran war has pushed inflation higher, and doubts are growing about the credibility of economic institutions in an age of populism. The continuing stress fractures in the global bond market remain a serious cause for concern about economic stability.

A less familiar signal is also drawing concern. As Bloomberg recently reported, Wall Street increasingly views recent movement in the term premium as “ominous.” Sometimes called the “dark matter” of economics, the term premium is an inferred figure—the extra return investors demand for holding long-term debt.

For years it gave little cause for alarm. In September, it jumped unexpectedly.

Why? Some commentators point to France, where a decade of heavy deficits has fueled a bond crisis that threatens to topple the government and drag the European Central Bank into the hot mess. Others cite the energy shock rippling outward from the Iran war. All of this lands on top of America’s own roughly $2 trillion annual deficit, stacked atop some $40 trillion in national debt.

A crowded agenda in Bangkok

Those concerns—public debt, geopolitical tension, high energy prices and the rapid advance of artificial intelligence—filled the agenda when the annual meetings of the International Monetary Fund and World Bank opened in Bangkok on October 10.

In her opening remarks, IMF Managing Director Kristalina Georgieva warned that these risks in combination could seriously weaken the global outlook.

Notably absent: U.S. Treasury Secretary Scott Bessent, whose recent declaration that “I am the house” with regard to bond markets has not stopped investors from betting against him. Amid mounting questions about financing U.S. debt, Bessent has said he is preparing a separate plan to reduce the federal deficit—though, as Politico reports, Wall Street isn’t banking on it. Many eyes are now on the Secretary – and his credibility.

A crisis within three years?

There’s more. In a Bloomberg video interview, Bridgewater founder Ray Dalio—author of How Countries Go Broke—warned that the United States is approaching the limits of its debt cycle. Left unchecked, he believes, rising borrowing costs and related pressures could trigger a broad financial crisis within three years.

Ironically, that is also nearly dead on with the 100th anniversary of the 1929 Crash.

Hints of an emerging “king of the south”?

As if disciples didn’t already have enough to pray about, the Middle East grew even more volatile in early October. The deadly October 10 attack on the international airport in Riyadh sharply raised the pressure on Saudi Crown Prince Mohammed bin Salman. As the Wall Street Journal observed on October 12, how the crown prince handles this crisis will have “consequences far beyond the kingdom.”

Consider the backdrop. In August, Saudi Arabia, Turkey and Pakistan signed the Mecca Joint Defence Agreement, a NATO-style pact declaring that an armed attack on one member constitutes an attack on all. Turkey has since provided defensive support to Saudi Arabia against Iran-aligned Houthi forces.

Turkey remains a NATO member, and Saudi leadership has historically kept close working ties with the United States. But alignments like these can shift quickly—and an Islamic defensive bloc spanning the Arabian Peninsula, Anatolia and South Asia closely represents the kind of possible development students of prophecy watch for closely.

Readers of Daniel know its detailed prophecies of a long-running conflict between an unnamed “king of the north” and “king of the south” (Daniel 11). Daniel’s astonishingly accurate historical prophecies build toward, and culminate in, the end-time power Revelation calls the Beast—in Greek, the Thērion—a world-dominating political and economic system.

Are we nearing the “time of the end” the angel Gabriel described to Daniel (Daniel 8:17; see also 12:4)? Whether that time is swiftly approaching or still years away, our instructions do not change.

Jesus Christ commands His followers to watch and take life seriously (Matthew 24:42). And, at the same time, Paul urges us “to present your bodies as a living sacrifice, holy and acceptable to God, which is your spiritual worship.” As politics and economic trends swirl, we are told: “Do not be conformed to this world, but be transformed by the renewal of your mind, that by testing you may discern what is the will of God” (Romans 12:1-2, ESV).

The next 24 months

Many changes will occur in the next 24 months, much of it probably a little on the bumpy side. Headlines will come and go. Our spiritual calling does not.

By Michael A. Snyder

Coming up: Why the book of Daniel is a fully credible, vitally important—and remarkably different—book to study carefully in these uncertain times.


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