The general summary of this prophecy is that, at some not too distant time, the United Nations will collapse and cease to exist as a political entity.  What will replace them is still unknown, but there are hints that a 3 nation confederacy will take their place briefly, but even that will fall, likely with the intention of making room for the coming world empire of the AntiChrist.  But, we'll have to wait for this prophecy to mature a bit more before we can be certain of the exact details.