He indicates that this display is similar to the white horse of the Apocalypse representing religious deception. The color of the horse has its own representation. E.g. the red horse of the apocalypse represents wars. The black horse of the apocalypse represents famines. The pale horse of the Apocalypse represents the plague (epidemics and pandemics). He also talks about Revelation 6:6 (biblical text) saying this passage points to a common experience in real world crises: war and famine give way to inflation due to supply and demand.
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July 28