If Edom say, We are broken down, but we will build again the ruined places, thus saith Jehovah of hosts: They shall build, but I will throw down; and [men] shall call them the territory of wickedness, and the people against whom Jehovah hath indignation for ever.
Malachi 1:2 I have loved you, saith Jehovah; but ye say, Wherein hast thou loved us? Was not Esau Jacob's brother? saith Jehovah, and I loved Jacob,
Malachi 1:3 and I hated Esau; and made his mountains a desolation, and [gave] his inheritance to the jackals of the wilderness.
Malachi 1:4 If Edom say, We are broken down, but we will build again the ruined places, thus saith Jehovah of hosts: They shall build, but I will throw down; and [men] shall call them the territory of wickedness, and the people against whom Jehovah hath indignation for ever.
Malachi 1:5 And your eyes shall see [it], and ye shall say, Jehovah is magnified beyond the border of Israel.
Malachi 1:6 A son honoureth [his] father, and a servant his master: if then I be a father, where is mine honour? and if I be a master, where is my fear? saith Jehovah of hosts unto you, priests, that despise my name. But ye say, Wherein have we despised thy name?
The verse centers on "edom", "broken", "down", "build", "again", "ruined", "places", and "thus". It is saying that the verse draws attention to "edom" and "broken", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 3's "and I hated Esau and made his..." into verse 5's "And your eyes shall see it and...", so "edom" and "broken" belong inside that flow. In Malachi context, the local focus is covenant faithfulness, priestly corruption, divine justice, and the coming day of the LORD.
A plain takeaway is to answer the verse's own emphasis on "edom" and "broken" with trust shaped by these words, not by a vague optimism outside the passage.