Rev 6:5-6 And when He had opened the third seal, I heard the third living creature say, Come and see. And I looked, and lo, a black horse. And he sitting on it had a balance in his hand. (6) And I heard a voice in the midst of the four living creatures say, A choenix of wheat for a denarius, and three choenixes of barley for a denarius. And do not hurt the oil and the wine.

This rider represents hunger and famine. The horse he rides is black, a color that describes a famine-racked body.

A scale would be used to measure and carefully dole out food. The denarius was a Roman silver coin equal in value to the daily wage of a working man. There will only be enough food for every day and this will be seen in the financial health of our Global Economy which is due to fail soon.

Sunday 7 August 2011

7/8/11 - Debt crises trigger emergency talks across world



Emergency talks focused on the debt crises in Europe and the United States are planned Sunday for G7 finance ministers before Asian markets open, while the European Central Bank will consider buying Italian public debt to stem the turmoil.

Group of Seven policymakers were to take part in their second telephone conference call of the weekend to work on a response to Friday's nosedive on financial markets in light of Standard and Poor's U.S. credit rating downgrade and intensifying debt problems in Europe.

Finance ministers and central banks from the United States, Canada, Britain, France, Germany, Italy and Japan may issue a joint statement after the talks, Jiji Press said in Tokyo.

Canada's Finance Minister Jim Flaherty has insisted Canada is "well-positioned" to face economic uncertainty but also cautioned the country's economy "is not an island" and could eventually be affected by the global debt troubles.

Middle East markets have already opened in Sunday trading. Many of those indexes are down sharply, but world leaders are focused on the larger Asian markets. (more)
Posted by at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)