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Vatican ‘on the verge of bankruptcy’ as world’s smallest country struggles to pay pensions

December 3, 2024 This article was posted by TLB Staff FINANCIAL, Spotlight, WORLD 0

ER Editor: We invite readers to wonder here how possibly one of the richest institutions on the planet got itself into this state. A reminder of EO 13818, which seizes assets based upon crimes against humanity, and those 650 planeloads of gold taken from the Vatican some time during or after 2017. A further reminder that Trump has been a military-installed president since the beginning.

We are inserting a tweeted text here that we can only link to, from Ariel, a highly informed Twitter user —

The Secret Vatican Gold Vault?

“The Vatican’s treasure of solid gold has been estimated by the United Nations World Magazine to amount to several billion dollars. A large bulk of this is stored in gold ingots with the U.S. Federal Reserve Bank, while banks in England and Switzerland hold the rest. “But this is just a small portion of the wealth of the Vatican, which in the U.S. alone, is greater than that of the five wealthiest giant.” End quote.

This was reported by Henry Mackow. There were reportedly that an international military force that repatriated 650 plane loads of gold and cash from the Vatican to the US Treasury. A tunnel between Vatican City and Jerusalem was discovered containing gold. The amount of gold found is “more gold than you can imagine” stacked 13 levels high for the first 150 miles (241 kilometers) of the tunnel and “650 planes used to transport the gold”.

The result of this operation was the closure of over 6,000 Vatican bank accounts used for illegal activities. I do not have any conclusive info on that but there was an interesting report that came out from the Vatican itself. In a report from ChristianHospitality.com they published a Congressional inquiry into the auditing of the Fort Knox gold, and they were informed by the officials responsible for that gold, that the gold in Fort Knox and other depositories in the USA (261 million ounces) is now part of the gold reserve of the International Monetary Fund (the IMF). We have been informed by one of the top lawyers employed by the IMF (eventually sacked because she intended to whistleblow on them), that the IMF was controlled by the Vatican and the Jesuits. Who is this person you may ask? Karen Hudes. Who has exposed over the years how the IMF worked.

Of course a lot has changed since she came out publicly. K. Hudes has some stand out points she has made regarding info that you all have seen on this channel. For instance. Hudes asserts that a clandestine version of the U.S. Constitution, enacted in 1871, handed over significant control to private bankers, significantly altering the original governance framework. Which is true. Also according to her, individuals in court are seen as debtors rather than citizens, which of course is another term if enslavement which effectively dehumanizes us and classifies us as property of the Federal Government. So on and so forth. Something none of us should be surprised to hear of course. There’s a lot to look into regarding this subject. So take your time and understand that many things have changed that will come to fruition in full force over the coming months. We are no longer under the 1871 Corp Act. Which is why the Chevron Doctrine had to be overturned.

Turn the sound off —

The famous photo of Trump with a deflated Pope on his world tour in 2017, documented by Nick Alvear in The Greatest Show on Earth (part 1) —

According to our research, there is very much more to come out about the Vatican. Catholics (not only) may need to buckle up.

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ER: Vatican financial matters are also reported on here, from 4 days ago —

Pope calls for review of Vatican pension system to improve financial outlook

Vatican ‘on the verge of bankruptcy’ as world’s smallest country struggles to pay pensions

The Vatican’s finances are in a dire state and are threatening to cause mayhem with pensions.

JOHN VARGA & MARIA ORTEGA for DAILY EXPRESS

The Vatican is on the brink of bankruptcy and may not be able to meet its pension obligations after a collapse in revenues.

The latest financial statements showed the Vatican- the world’s smallest country – ran an operating deficit of 83 million euros (£69m) in 2023, five million more than in 2022.

One key reason for the deficit is a collapse in donations from Catholic Churches around the world, as well as from the public.

Donations are one of three major sources of income for the Vatican, along with monies received from real asset assets and museum entry fees.

Many Catholics have stopped their donations after growing disillusioned with the reforms of Pope Francis.

At the same time, visitor numbers to the city-state have still not recovered to their pre-Covid levels.

The growing financial crisis could potentially impact the ability of the Vatican to pay out pensions in the near future.

Currently the pension fund is estimated to be a staggering €631 million (£523m) in the red.

Pope Francis acknowledged the seriousness of the situation, saying: “The current system is unable to guarantee in the medium term compliance with pension obligations for future generations.

“We face serious and complex problems that risk worsening if not addressed in time.”

The pontiff added “urgent structural measures” needed to be taken to ensure the stability of the pension fund.

To that effect, the pope said he had appointed Cardinal Kevin Farrell as “Sole Administrator of the Pension Fund.”

The Vatican hopes to boost its coffers from an expected increase in tourists to Rome next year.

CONTINUE READING HERE

Featured image source, Pope Francis: https://www.express.co.uk/news/world/1983624/vatican-financial-crisis-pension-fund-pope-francis

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Published to The Liberty Beacon from EuropeReloaded.com

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