'Chastisement' in the Bible

Are You not from everlasting,O Lord, my God, My Holy One?We will not die.O Lord, You have appointed the Chaldeans [who rule in Babylon] to execute [Your] judgment,And You, O Rock, have established them to correct and chastise.

Your bow was made bare;The rods of chastisement were sworn. Selah (pause, calmly think of that).You split the earth with rivers [bringing waters to dry places].