Editor’s Note: At the General Congregation yesterday, the Feast of Saint Pius V, Cardinal Marx finally let the entire College know of the elephant in the room: the Vatican is swimming in red ink, with a structural debt of 70 million euro per year.
The actual debts were:
- 2022: 78 000 000 Euros
- 2023: 85 500 000 Euros
- 2024: 70 000 000 Euros
The biggest source of income, 100 million a year from tickets sold to see the Vatican Museums. The biggest budget buster: 120 million a year promised to the pension funds of 4200 Vatican workers.
A “structural debt” is a recurrent balance sheet loss, which cannot be avoided due to the magnitude of the operations and their imbalance. It is much worse than a one-time debt or extraordinary-debt, which is not recurrent.
As I said, in my “Why all the prognostications of who will be the next pope will be wrong“, the revelation of the facts is going to change the dynamic of the Conclave drastically.
Here is where, if there are any Catholic billionaires out there — and there are — they need to call up any Catholic Cardinal and promise to help any Catholic elected pope to solve the problem, and explicitly promise not to help if a globalist is elected, and ask him to communicate this to the College.
NOTE: That this news has not yet broke in the English speaking world, so the article above, which was translated by a browser app, if clicked, goes to an Italian edition. To read it you need to use an app in your browser to translate it, since google translate is being blocked by pop ups on that page.
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The Book on the Trinity, every faithful Catholic priest would love as his next present
This is Br. Bugnolo's English Translation, of Saint Bonaventure's encylopedic book of theology on the Trinity: With this book, your priest will always have something intelligent and awesomely inspiring to preach to you about
God the Father, God the Son & God the Holy Spirit!
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This fund was started by Ordo Militaris Catholicus, an international relief organization founded by Br. Bugnolo and AJ Baalman. Click the image for more information.
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We need to get back to being the church that does not have bank accounts, credit, digital wallets, bitcoin, euros and God knows whatever else. We can’t serve both mammon and God.
Besides, if the cardinals said they need 0.35-0.80 cents from every Catholic by Friday, we all know there would be many of us who would pony up.
In all seriousness, if the church would take away the Museum/Tourism/dog and pony show of the pope-atmosphere of the Vatican, we’d be a lot better off there financially/spiritually.
Also, you can’t run a budgeted business without setting goals with the salesmen and customers. Then I get back to why are we even trying to to have financial plans within the church to keep in the black. If we had true faith and true mission of calling people to conversion, Acts 2 wouldn’t have dried up in the past few centuries.
I doubt a catholic pope will be elected: they will up the ante.
Because a catholic pope would open the Pandora box of the covid scamdemic, thus firing 99% of the bishops with jurisdiction in 2020-2023.
Should earthly justice also come, the would all hang from the ropes.
Factor in the cardinals, and I doubt anything meaningful would remain of the [visible part of] Catholic Church, in the short term.
On the flip side, the Consecration of Russia would be a no-brainer, at that point.