The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

It's one thing to manage your own wealth, especially when you're just middle-class. Managing multiple billions worth of wealth is a whole new level. With that said I don't think it's just clerics who do that in the church, they're not really that stupid to delegate that task to untrained devotes. But it's still not what it should be :)

Centuries of experience up in smoke.

The Vatican has known everything there has ever been know how to manage money since AD 300.

@@6Oko6Demona6 is “financial training” is college, then you don’t know what your talking about.

is “financial training” is college, then you don’t know what your talking about.

But in the interests of full disclose, we need to know: is the producer of this film Catholic, Anglican, atheist? What?

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

Dont be silly

They need a huge reform, the Vatican always forgets that they are a country and they need to have reforms.

It’s way worse than that don’t be blind, as a good catholic you should never cloud your judgement and be ignorant to sin. acknowledge it and forgive them

It’s way worse than that don’t be blind, as a good catholic you should never cloud your judgement and be ignorant to sin. acknowledge it and forgive them

It’s way worse than that don’t be blind as a good catholic you should never cloud your judgement and be ignorant to sin. acknowledge it and forgive them

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

Bingo

Is money that important?

GODFATHER III

@@wolfthequarrelsome504 To them, it is.

@@pl2464 why is that?

They are the godfather part 1 part 2 and part 3. They are the real mafia

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

In Europe the Vatican is immune from being sued for child abuse. They're saving a few bob there but then there's America and Canada.

Roberto Calvi got to be a 'swinger'.

But Vatican would also like the control and independence from other entities. Thats why they are not transparent with authorities and has many times resolved issues internally -- may it be financial or moral issues.

Like

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

The Vatican is a Nation, you wouldnt expect the US to set up an independent private entity to handle the USA's money, instead the Goverment sets up departments in charge of its finances. The Vatican also has its own financial department, its corrupt and needs cleaning but that is the only thing to be done. You cannot ask an independent soverign nation to surrender its finances to a private institution

The Vatican may receive funds for the purpose of endowment, in other words funds which are to be invested and through investment yield money which is used to help those in need. Bequests may come with instructions. On the other hand, what quantity of funds is invested versus used in charity could be one of the Vatican’s problems which Francis wishes to change. Most churches operate like businesses in the sense they may not own their own buildings, but these are mortgaged and those mortgages are paid from income produced by endowments.

They are devil worshipping lizards in disguise.

They are a large institution with limited ways to generate cash when required. When times are good, they make investments to grow their money. When times are bad, they sell their investments to keep themselves afloat. If they were to sell all assets to help the poor, then if times turned down, they would go bankrupt.

All ethnic groups have a certain statistical occurrence of pastoral abuse but the Roman Catholic institution is a giant criminal gang now

@@Psyche721 They could only influence believers to help poors and that still counts in my opinion

That does not include selling real estate to cover the loses due to the pedophile priests

Insane

Yep many of the top people there are all pedos and degenerates.

@@danielt.3152 how about pedophile teachers who abuse 5 times higher than priests and clergy

Shockingly the european court has decided that people who have been abuse in Europe can't sue.

@Villa Antulanga There's a huge difference between the sin of Pride and proud. That's the dumbest incoherent statement made possible by you lmao._.

This is only scratches the surface.

Where there is power, there is the abuse of power - in every level. Dont be surprised that the Catholic Church is probably the largest abuser of its power.

1000 years of corruption. Nothing holy or beloved about it.

@@davidesparza3637 1000 years if you’re just biased

"whataboutism is a weak argument but let me still use this opportunity to deflect blame from a nation state with vast amounts of wealth and political power. Look at the banks instead!"

@@juhakosonen4024 🙏. Well said

This isn't a bank, this is the Vatican. The pope is a religious leader, he should be held to a higher moral standard. Even the Bible holds priests and priest leaders to higher standards than the people.

@@the11382 No, we should treat the pope the same as the others, hence the other way around.

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

The problem is that the Catholic Church is made up of men who at best are clueless and stubborn, and at worst they are all always running a large number of scams to grift money for themselves and their network of allies. Pope Francis is in the minority insofar as he deeply believes in a "church that is poor" and heavily concerned with social and economic injustice; but unlike Francis most high ranking priests are from rich families ane have privileged backgrounds. They deeply believe that the world should stay as unequal as it currently is and that change should always be in the absolute fringes and as little as possible

Lol that’s by design, the Vatican bank was at one point banned by the US government for money laundering for drug dealers.

Yeah sure like trump and maddof :-D

@@tweisbek2 Agreed, as a Catholic myself, the intention of the Church is good but those who govern the church not specifically the pope but the clergy are awfully corrupt. The Vatican must soon realize that they are not just handling a religion, they are handling a country with international status, and they need to appoint people who have professional backgrounds on certain aspects of the Church and the Vatican as a whole. The Roman Catholic Church is the largest Catholic dominion within the Catholic spectrum, they are a giant institution that literally needs a country for it to organize everything because unlike before they don't hold power over other nations' governments anymore. So, they need the Vatican as a nation for them to operate overseas, what they forgot is that a country is susceptible to corruption no matter the state's ideology or beliefs.

This institution was never benevolent since created !!! To be honest this is the times for them cause their not torturing, starting crusades , stealing lands in name of god , there’s no inquisition etc . And their starting to talk about the corruption inside the church !!! This institution since foundation was always for the big important families history can proof that !!!!

@Just a mustard seed Don't know about the Mormons, but the Catholics are doing just that, helping to alleviate hunger and homelessness, all over the world and for the past centuries.

@Just a mustard seed Who do you think they do it for? Napoleon?

@Just a mustard seed Do mormons do it as well in the Name of Jesus Christ? who is not a polygamist Polytheistic being>?

That's $1 for The Vatican lmao

Food scarcity is a problem of supply chains. Homelessness is a problem of maintenance(who is going to maintain all of those homes?).

They are much smarter than you think ...and actually thats how proper charities work. They don't give away the donations to the needy, they invest the donations and give the interest to the needy. The donations continue to make money for hundreds of years and that way there will always be more money going to he needy....smart right

@@francowabongo hahahhahahha!!!!!

This is just as much a hit piece as it is factually accurate or inaccurate. It's no mistake that this piece is coming out at this time in history. What is a church, religion in modernity? How is it connected to the other scandals? Who has been paying for those other scandals?

@@francowabongo effective altruism

@@josephbrennan370 yeah but it's not altruism because none of that money is actually used for charity they just say it's used for it whilst they "invest" or more accurately "pocket" said moneys.

The italians do what they want

That does not work for large asset holders. The disruption on markets would be strong. At some point you are "forced" to venture into alternative asset classes or at least do not simply purchase a publicly traded instrument en masse.

it'll be bigger than most funds' AUM , it won't work

@@Jvksiew exactly this would influence the overall fund and market way too much to.not have it split into multiple asset.types ... They should collab with the Italian finance Dept ..as long as it's not against the Catholic rules etc

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

That it's simple someone is stealing in the coffers which they was trying to take care of by bringing in outside help but because of very old customs anything that try to reform that will affect their livelihood that they benefits from hundreds of years. which can undermine the whole existence of the Roman Catholic Church which serve no purpose in today's society and the last thing they want is people asking more question in regards to that. such as them enriching themselves from people that have very little means as well as the cover-up of sexual abuse of children. Is already difficult to see the difference between an organized criminal group and their Institution. in fact, judging by history they go side by side.

The price increased before the Vatican paid for it. In 2012 the bldg was valued at 130m GBP, in 2014 when the Vatican paid for the bldg, it cost 200m GBP.

@@TheRealSpeedWolf public school teachers do 5 time more abuse than clergy

@@m-hayek1985what does that have to do with this comment? You seem lost lol

Or more as the liability has not been sold yet

@@ScheSantiago it was a dialog from Godfather 3

That would be an ecumenical matter

Ken I believe the Catholic church is the largest real estate owner in the world.

Every country got plenty of catholic churches and there could be money going to and fro to buy lands for building churches and collect back money perennially from the investment made!

They are the richest religion in the world...since the beginning of time..

Asset-Rich, but currently (relatively) cash-poor.

Time to go back to Church: full audits of our sins take place on the Day of Judgement.

The Vatican is worth at least 2 trillion. Don't let this video fool you. They run the world.

@@in8187 How does the Vatican 'run' Asia? Most of Asia isn't even Catholic!

@@aclark903 there is so much I can tell you upon this subject brother it's ridiculous. First of all, why is it that everytime the world's religious leaders get together the pope is always in the center? Second why did Biden say that he was speaking to Putin and Xi Jiping recently because they are coming into an agreement to make an autocracy? Third why is it that some of the popes wear Templar crosses on their outfits?

@@in8187 It's not a sin to wear a cross..

He was getting a little too close to choir boys based on their testimony.

@@hordeslayer5223 If you look AT the evidence, he would never have had the time for any of what he was accused of. And the fact there were so many people in that area of the church, at the time it supposedly happened, completely ruled out, even the possibility of such an action. Considering it was his first mass as a Bishop, he had a person with him (not a couple of Choir boys), to help with vestments. And even his accuser said in the end, that he was coerced into bringing the charges. The testimony was from one, the other had passed away before any accusations were brought. I’m not a fan of the Catholic Church, but I am a fan of justice.

Whatever you think it's been like, brace yourself, it's much worse. It will come as a dreadful shock to so many. I truly feel for you all.

Can these people be trusted with such a huge amount of money? I always have doubts in these people who claim to be God's people. There is no transparency at all. Poor people donating money to the Church. I just can't imagine all this garbage. It's like during Martin Luther's time about selling indulgences that led to the protestant reformation. I understand that the Catholic Church has 2 trillions in their own bank. How could all this money with no proper respective experts manage it. I have no faith in the Catholic Church.

Rather a hackneyed choice, I thought.

Found it by searching it on google via music voice - its called Requiem in minor K.626, Sequentia: III. Lacrimosa by David Tobin and Jeff Meegan

It's a miracle he hasn't been poisoned.

Amen!

@@MisterTutor2010 Because he serving the poor with his heart.

Vatican apartments are a 3.5 star hotel at best. It’s not as luxurious as you think.

@@m-hayek1985 You know .... what are the other aspects of their lives like? How do they travel? What do they consume?

@@m-hayek1985 If the church is having money problems they should do simple things like fire their current "help" and hire new help. Maybe sell off the treasures in the vatican vaults. Or settling stupid lawsuits. I guarantee there's a lot of embezzling and frivolous spending as in every gigantic organization.

@@kennethhurley422 I find it funny how people think clergy live in luxury. Perhaps some Protestant maga church pastors do but the average income of a priest is a 30k pension per year. No salary but a pension form the church. For a bishop it’s around 60k. Some very top positions 100k full max.

It's a big business

they basically control the world

Guess you want some of that … right..? Well God may not think so..😏

@@franceleeparis37 Im not as low like you who wants stolen riches. Bagag nawng papansin

Certainly much more than that; take into account this institution have been around way before the founding of the USA.

@@antoniofranco6230 i think the churches alone are a nearly immeasurable wealth

The money is another thing, but imagining having total control over millions of people minds. That is scary

The money collected after service would go to the local parish and not the Vatican

U sure? I thought theres somesort of royalty to be paid to vatican

@@asdfghjk8876 Guess what, I don't really care. Church has received much money from other people. I'm gonna use my money to help people that are truly in need. I'm paranoid about giving my money to an unknown entity (church is known, but not transparent enough).

@Allah prays to Jesus yes, mine. But i don't publicize it. If i'm giving to the church, that's a large sum of money, that it's not possible to give it anonymously.

@Allah prays to Jesus Yes, whatever. Not putting my oney to those corrupt pastors that have a mercedes benz.

You should see Bingo night!

I’m confused… what is your authority that suggests the Pope should receive your approval for these policies?

Only an idiot or a con artist could "lose" money on this London property deal. My money is on the conman

Yes excellent, that's what is required to drive these demons from the Church and expose their outside funny money from evil sources.

Probably, but Francis is rather notoriously frugal and takes Church funds rather seriously as he appreciates more than most the sacrifices that people endure to provide those funds. It might be pennies for the Church, but for many of the parishoners who donated them, those were the only pennies they had. If his career in Argentina is anything to go by, caring for and properly disposing of those donations is not a duty that Francis takes lightly.

Yes and if it was a different pope this wouldn’t have been a scandal. But Francis is trying to reform the vatican in image and finances. He is ruffling some feathers

There are a lot of sexual abuse cases to settle .

💯 The protest is never over. God bless the martyrs.