and the biggest real estate owner…
The Catholic Church, a towering institution for centuries, also possesses a long and intricate financial past. Throughout history, the Church has employed various methods to generate income, from the sale of indulgences in the medieval era to borrowing from prominent bankers and venturing into real estate and stock markets.
The 20th century witnessed the establishment of the Vatican Bank, entrusted with managing the Church’s ever-growing wealth. However, this very bank has become entangled in controversy, facing accusations of involvement in money laundering and other financial scandals.
For instance:
The popular pope John Paul II was involved in money laundry and used for that the Mafia to send money from the Vatican to Poland… During these transactions an innocent girl was sacrificed and the Mafia boss who killed that girl was later buried in the most holiest cemetery. After a huge protest they buried him in a normal cemetery … Who cares?
The Vatican Bank’s reputation has been further tarnished by accusations of financial impropriety. From allegations of risky investments to potential ties to organized crime, the bank has faced intense scrutiny in recent decades. Despite the controversies, the Church maintains its stance, denying any wrongdoing and striving to distance itself from the scandals that continue to plague the Vatican Bank.
A true Hero?
In the past we can read
Napoleon invaded the Vatican, robbed the church’s money and put the Pope in the jail for all the corruptions that he had done.
How could the Vatican recover?
The Vatican borrowed money from the wealthy Jewish family Rothchild.
This became a scandal…
A Jew now reigns over the pope and Christianity. He buys monarchs and nations. The Rothchilds borrowed 40Mill Euro in today money.
How to make money?
Tax on international property in Europe, that the church even didn’t owned.
Selling bonds.
Donations…
Best income was, to get the heritage by doing the absolution, to free oneself from alls sins when dying.
With this money they bought real estate and rented them out and investing in stocks.
Guess, the Vatican became very wealthy and every country and bank wanted to make business with them…
1929 The Italian Dictator Mussolini agreed, that the Vatican becomes a sovereign country and donated 750Mill Lira and 1 Billion Lira in bonds to the Vatican.
The famous Bernardino Nogara became the financial adviser from the Vatican…
Nogara’s career was characterized by an “ability to move fluidly in the highest circles of industry and politics as well as the Church”.[2] In his role as Director of the Special Administration, Nogara made large investments in many of the largest companies in Europe, personally becoming a board member of a “mind-boggling” number of firms, and appointing directors to many others.[3]
1929 started the biggest stock market crash in the history and lasted until 1932
The Vatican lost 32%
Nogara told the pope make 1933 a holly year and get donations.
Nogara wanted to hedge against crises and bought Gold and cheap real estate in France, Italy, Switzerland
When WWII started he moved assets to neutral countries like Swiss and the USA.
Then the Vatican became his own Bank…
And started in a big way to laundry money.
Nobody could investigate against the Vatican Bank.
For instance 1945 before WWII ended, transfered 500 Mill Barrel Gold and other assets from Nazi German to South America…
In the Bible is written: Money is evil…
Yes that became true for the Vatican Bank.
My Video: The Vatican is the richest country in the world
My Audio: https://divinesuccess.net/wp-content/uploads/2021/Podcast4/The-Vatican-is-the-richest-country-in-the-world.mp3