Who is it addressing ?
33 For thus saith the LORD of hosts, the God of Israel; The daughter of Babylon is like a threshingfloor, it is time to thresh her: yet a little while, and the time of her harvest shall come.
The daughter of Babylon, the whore of Babylon. A dual prophecy (Jeremiah 50 and 51), that describes ancient Babylon and her "daughter", who will appear in the latter days, as Mystery Babylon the Great.
12 Your mother shall be sore confounded; she that bare you shall be ashamed: behold, the hindermost of the nations shall be a wilderness, a dry land, and a desert.
Two important points here: Ancient Babylon didn't have a mother but the United States does, England. We belonged to England until after the Revolutionary War. Also, ancient Babylon was one of the first of nations. Hindermost means at the end, as in the latter days. The United States is the nation that sprang up in the latter days and fulfills all of the Scriptural requirements.
19 And I will bring Israel again to his habitation, and he shall feed on Carmel and Bashan, and his soul shall be satisfied upon mount Ephraim and Gilead.
Jeremiah wrote this book at the time that Nebuchadnezzar had defeated the King of Israel and took the King and the children of Israel back to Babylon. The Lord gathered back the children of Israel to their promised land and Israel formally became a nation again May 14, 1948. They are still being gathered from all over the world, today.
19 The portion of Jacob is not like them; for he is the former of all things: and Israel is the rod of his inheritance: the Lord of hosts is his name.
20 Thou art my battle axe and weapons of war: for with thee will I break in pieces the nations, and with thee will I destroy kingdoms;
Jeremiah prophsied that God would use Israel against the whole world as an instrument of punishment. Only the Israel of the latter days could fulfill this prophesy. We can see today that the whole world is in controversy against Israel and Jerusalem. This agrees with Zechariah's prophesy in chapter 12, verse 3:
3 And in that day will I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.