According to Der Spiegel, the company that makes the AK-47 has gone bankrupt. This is not because of the imminent fulfilment of the words of Isaiah 2:4 but because the Russian army stopped buying Kalashnikovs, and because of competition from cheap Chinese knockoffs. They dare not tell Mikhail Timofeyevich himself; at 92 the shock would kill him.
I draw no moral. I just shake my head at the sheer difference between the world as it is and the world as it used to be. If you had shown me the headline “the company that makes the AK-47 has gone bankrupt” in 1988, I would have assumed it was an unusually amusing randomly generated phrase.