Revelation 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"
The British pound has fallen against both the U.S. dollar and the Euro on fears that the economy is weaker than previously stated by analysts.
The pound fell to a seven month low against the dollar and a 15 month low against the Euro. A Bank of England policymaker is being pointed to as a source for the drop after stating the pound needed to weaken further to improve the economy.
Martin Weale said in a speech this weekend that exports being cheaper from a weaker pound would improve growth. The speech comes on the heels of the Bank of England reporting that the nation’s inflation report is higher for the upcoming quarter than previously expected.
There are reports that the UK is in danger of losing their AAA credit rating.
Analysts are accusing Bank of England of “cheerleading the pound down” in an attempt to spur the economy.
