Yes, but there's another side to that. God can't punish collectives, or nations, in the next world. He has to punish them in this world. Individuals may be saved, but during their time in this world, they're going to be hit with the punishments administered to the collective. Natural disasters, epidemics of "new" diseases (AIDS?), tyrannical political leaders, and so on.
If I get caught up in God’s punishment of mortals, I’ll just have to endure and keep the faith. The bible is full of suffering mortals who reap the eternal rewards of faith.
There is NOTHING more than that.