Are you a hardcore fundamentalist Catholic or some other type of Catholic?
Jesus Christ said "no man knows the 'day' nor the 'hour'", but he also said (and I paraphrase for brevity) observe what is going on around you so you can recognize the general 'climate' (not the literal weather) of the time you live. He said the disciples could see the sky and predict generally if it would rain or not, and wanted them to apply this same technique to world events.
There are always a few, sincere of otherwise" Christians who jump on any and all events and brand the event as possibly the event that leads directly to the tribulation period when the world is ruled by the antichrist. Most fundamentalist Christians that I know are nowhere near that gullible. However, you are correct if you say they see a trend toward world government and a world economic setup (one that will require a mark on your hand or forehead in order to buy and sell), an increasing trend; not yet a tsunami wave but growing in stature.
I have read the works of several turn of the century fundamentalists predicting the return of Israel as a state long before it happened (they did not claim to know the day or the hour)as they are predicting the rise of the antichrist long before it happens.
The possible over-hyping of the specific significance of individual events by certain zealots does not negate the overall recognition of a trend.