Rev 16:15 "Behold, I am coming as a thief. Blessed is he who watches, and keeps his garments, lest he walk naked and they see his shame."
Rev 16:16 And they gathered them together to the place called in Hebrew, Armageddon.
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Yes, we are well along into the great tribulation when Christ says He is still to come as a thief.
And yes, wrath is poured out not on the people of God, but on the kingdom of the beast and his people.
Christians are warned they will experience persecution and tribulation, but this is not coming from God, it is coming from the world, which world is going to be destroyed by fire at His second coming and afterwards the people of God inherit the earth, exactly as Daniel 7 states.
Daniel 7 is a very good read to understand the time of the end. For a time, two times and a half time the saints are given into the beast's hands. Till the beast's dominion is taken away and given to the people of God by the heavenly court of judgement. For some reason, people don't want to believe this, they are deceived into thinking they can wrest dominion from the beast. In Daniel 7, this prophecy is witnessed too several times, so it is not to be ignored. I don't want to post all of what everyone else can simply read for themselves.
21 “I was watching; and the same horn was making war against the saints, and prevailing against them, 22 until the Ancient of Days came, and a judgment was made in favor of the saints of the Most High, and the time came for the saints to possess the kingdom.
23 “Thus he said:
‘The fourth beast shall be
A fourth kingdom on earth,
Which shall be different from all other kingdoms,
And shall devour the whole earth,
Trample it and break it in pieces.
24 The ten horns are ten kings
Who shall arise from this kingdom.
And another shall rise after them;
He shall be different from the first ones,
And shall subdue three kings.
25 He shall speak pompous words against the Most High,
Shall persecute[j] the saints of the Most High,
And shall intend to change times and law.
Then the saints shall be given into his hand
For a time and times and half a time.
26 ‘But the court shall be seated,
And they shall take away his dominion,
To consume and destroy it forever.
27 Then the kingdom and dominion,
And the greatness of the kingdoms under the whole heaven,
Shall be given to the people, the saints of the Most High.
His kingdom is an everlasting kingdom,
And all dominions shall serve and obey Him.’
Those kings are demonically empowered as the arise out of the earth, but at the end the kingdoms and all their greatness shall be given to the saints and they will possess it forever. So we get to inherit the earth, as Christ said, and it will not be a wasteland.
17 ‘Those great beasts, which are four, are four [h]kings which arise out of the earth. 18 But the saints of the Most High shall receive the kingdom, and possess the kingdom forever, even forever and ever.’