I am writing to clear up confusion among Christians that the establishment of the Jewish State was a fulfillment of God’s prophetic Palestinian Covenant, or Land Promise.
It is the case that virtually the entire world is turning anti-Semitic, ironically even tagging Jews with the hated Nazis, while denying the Nazi holocaust that killed over 6 million Jews, the figure established at the Nuremburg Trials. At the same time most of the world is either embracing Islam or afraid of Islam to one degree or another. History is winding down.
Yes in 1948 the world did witness the establishment of the Jewish state, Medīnat Yisrā’el. However this is not yet a fulfillment of the Land Promise. Israel is by no means back in the whole land. To put it another way, while Israel is a nation, God has not brought them together “nationally.”
The Israelites residing in Palestine today are not the fulfillment of this prophecy. It will be fulfilled when God regathers believing Israelites to the land (Jer. 31:33; 33:14-16) when Christ returns to establish His kingdom (cf. Matt. 24: 30-31)
A bit of background may be helpful. When Ezekiel prophesied, Israel was still in Babylonian captivity. Often prophecy has a short-term target and a long-term target. Reinstituting Israel after the Babylonian captivity was the short-term. The long-term, the permanent, eternal installment of all Israel into the land, has yet to take place.
God gave two signs in Ezekiel 37, the first in vv. 1-10; the second in 11-14. In verses 3-7 God tells Ezekiel to prophesy over the dry bones and gives him the words. Verse 5 asserts that “Behold, I [God] will cause breath to enter you that you may come to life.” The word for breath in the Hebrew is rûah, though it can also mean wind.
Regarding the end times Charles Dyer asserts “whether God was referring to wind, physical breath, the principle of life, or the Holy Spirit is uncertain” Respectfully, I personally think the word rûah here is indicative of the Holy Spirit. God will breathe spiritual life into Israel when he brings them together nationally.
There are a couple of points we should note. By a careful reading of verse eleven we see God means this for the whole house of Israel. While Israel is currently recognized as a nation of the world, it is still in diaspora. The “whole house” is not in the land. The second facet of this is they are assuredly not back in the whole land specified in the Palestinian (Land) Promise.
The closing phrase of the same verse states, “we are completely cut-off.” This is also the wording used of Jesus as prophesied in Daniel 9: 26, “then after the sixty-two weeks the Messiah will be cut off and have nothing [italics mine] . . .”
So I believe Israel is to be, once again, virtually cut-off and destroyed as it was during the Babylonian captivity. Of course there will be the 144,000 Jews sealed by God that are saved, but other Jews will also come to Christ during the Tribulation. I think that is what we see as we continue in verse 26, “and the people of the prince who is to come will destroy the city and the sanctuary. And its end will come with a flood; even to the end there will be war; desolations are determined (italics mine).
My understanding is then that Israel; because they are secular and still apostate will get beat up again in the Tribulation. Indeed that is a great part of God’s purpose in the Tribulation and “the reviving of the dry bones signified Israel’s national restoration.”
All Israel really is not brought into the Land, the whole Land, until after Christ comes again as King of Kings and Lord of Lords.
 Charles Dyer, “Ezekiel,” in The Bible Knowledge Commentary; Old Testament, John Walvoord and Roy Zuck, eds., 1298.
 3 He said to me, “Son of man, can these bones live?” And I answered, “O Lord God, You know.” 4 Again He said to me, “Prophesy over these bones and say to them, ‘O dry bones, hear the word of the Lord.’ 5 Thus says the Lord God to these bones, ‘Behold, I will cause breath to enter you that you may come to life. 6 I will put sinews on you, make flesh grow back on you, cover you with skin and put breath in you that you may come alive; and you will know that I am the Lord.’” (Ez. 37: 3-6; NASB).
 Dyer, BKC.
 Son of man, these bones are the whole house of Israel; behold, they say, ‘Our bones are dried up and our hope has perished. We are completely cut off (37:11).
 Dyer, BKC.