Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Mac (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Collapse Incoming? Pope Francis Orders Holy See to Transfer ALL Assets to Vatican Bank

% of readers think this story is Fact. Add your two cents.


Is Pope Francis eluding to an economic crash of epic proportions? He has ordered the Holy See to transfer all of its assets to the Vatican Bank by October 1st.

That means there is just over one week to comply with the Pope’s demands. The Holy See, which is the central government of the Roman Catholic Church and falls under the episcopal jurisdiction of the pope in his capacity as the leader of the Catholic Church and the bishop of Rome, was given the orders on August 30.

In a document known as “rescriptum” or re-writing that was issued on August 30, Pope Francis ordered the Holy See’s financial and liquid assets that are held in other banks to be moved to the Vatican Bank within 30 days of September 1. The pope’s rescriptum also served as a legal document with “the nature of an authentic interpretation” of certain provisions in the constitution of the Roman Curia, the central and leading administrative body of the Holy See, which gives the pope the authority to do this.

This ability to make investments without the approval of higher authorities is what led to the Vatican’s former Cardinal Secretary of State making a direct investment into a building in London which is currently at the center of a corruption trial. The botched deal resulted in a loss of over 140 million euros ($138.8 million) for the Vatican.

According to the Institute for the Works of Religion’s annual report, the Vatican currently has some 5.1 billion euros ($5.05 billion) worth of assets under management and it made 18 million euros ($17.84 million) in profits last year. This takes into account the 50 million euros ($49.56 million) in profits that the bank donates to the pope every year to pay for the Vatican’s sprawling bureaucracy. –Natural News

Does this have anything to do with the Pope’s announcement that the world is already in a third world war? Is this just a coincidence?

Pope: The World Is ALREADY In A “Third World War”

This article has been contributed by SHTF Plan. Visit www.SHTFplan.com for alternative news, commentary and preparedness info.


Source: https://www.shtfplan.com/headline-news/collapse-incoming-pope-francis-orders-holy-see-to-transfer-all-assets-to-vatican-bank


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.