It appears Francis wants to do so global bridling of the economy....setting up the Papacy for a future power grab of something?....
"In a sweeping critique of global finance released by the Vatican on
Thursday, the Holy See singled out derivatives including credit-default swaps for particular scorn. “A ticking time bomb,” the Vatican called them. The unusual rebuke -- derivatives rarely reach the level of religious doctrine -- is in keeping with Francis’s skeptical view of unbridled global capitalism.
“The market of CDS, in the wake of the economic crisis of 2007, was imposing enough to represent almost the equivalent of the GDP of the entire world. The spread of such a kind of contract
without proper limits has encouraged the growth of a finance of chance, and of gambling on the failure of others, which is unacceptable from the ethical point of view," the Vatican said in the document."
Bloomberg
"In a sweeping critique of global finance released by the Vatican on
“The market of CDS, in the wake of the economic crisis of 2007, was imposing enough to represent almost the equivalent of the GDP of the entire world. The spread of such a kind of contract
Bloomberg
And that no man might buy or sell,
save he that had the mark,
or the name of the beast,
or the number of his name.
Revelation 13:17
