What does God do in response to mankind's rebellion in Psalm 2?

Les explains that the rebellion in Psalm 2 is the nations and Israel conspiring against the Lord and His Anointed. They say, Let us break their bands and cast their cords from us, rejecting His offer to be their King. They rejected and crucified Him, and Rome was involved. But the triune God sits in the heavens and watches over all of this; He laughs at the foolishness and stupidity of mankind, because they had the King and could have had His Kingdom, yet they killed Him and said, Away with Him, we will not have such a man rule over us. God will hold these nations in derision. Then, after they rejected and killed the Messiah, God will speak to them, both the nations and Israel, in His wrath. Les identifies this as the prophecy of the final seven years of tribulation, when He will vex them in His sore displeasure. The next event is that God sets His King on the holy hill of Zion, which is Jerusalem, just south of the Temple Mount. From Zion, Christ will rule in His thousand-year reign. This is the Old Testament prophecy and the timeline in a nutshell.