I've thought for a long time that the King of the North/King of the South prophecy of Daniel was about the Seleucids and Ptolemys around the 2nd century BC especially Antiochus IV.
Again my personnal view is that the descriptions in Revelation of Babylon the Great are talking about Rome and the beast would be Emporer Donatian (81-96 AD) who was viewed as Nero reborn because of his persecution of Christians. Rev 17:18 "And the woman that you saw is the great city which has dominion over the kings of the earth." RSV. Why 'Babylon the Great'? Well Babylon had destroyed Jerusalem in 587BC and Rome (an even greater power) was the next to detroy it in 70AD.
I cannot see any reason to apply these 'after the event' prophecies to modern times.
The quote "As world events unfold in fulfillment of Bible prophecies, we will gradually get an ever clearer picture [of who will attack Jehovah's Witnesses at Armageddon]." shows me what I've thought about the WTS for a while. It is much easier to prophesy something that has already happened. Maybe they are learning this.
Thanks for the info Undisfellowshipped!