Revelation 18:21-23

21  And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.

22  And the voice of harpers, and musicians, and of pipers, and trumpeters, shall be heard no more at all in thee; and no craftsman, of whatsoever craft he be, shall be found any more in thee; and the sound of a millstone shall be heard no more at all in thee;

23  And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived.

Consistent with the prophecies of Isaiah and Jeremiah no one will ever live in that area again.  This clearly is future since it has never happened. After this destruction from God on the seat of the Beast, no one will ever live in that land again, nor will there be another world kingdom controlled by Satan on the earth.

Those in this world system are the great world leaders of the earth but the power behind these leaders is Satan. The great men of the earth deceive the entire world and teach them to follow the god of materialism and selfishness. They lead the world to believe the god they follow is the creator when in reality the god they follow is a fallen angel known as Satan and the Devil.