That is an interesting theological take, but I disagree.
The 4 horses are the four spirits of the heavens, which go forth from standing before the Lord of all the earth. Zech. 6:5
The white horse symbolizes Israel (western civilization)
The red horse symbolizes communism and china.
The black horse is Russia, the balances like in a court of law. Is it good or evil?
The pale horse is Islam. Where ever it goes, there is death and hell.