News Articles Internet
Articles (2012) |
In the third encyclical of his pontificate, Pope Benedict XVI called for the establishment of a new world financial order, denouncing the "profit at all cost" mentality of the globalized economy. The pope said that greed has brought about the worst economic downturn since the Great Depression. Benedict released the encylical just days before the G-8 met in the tiny town of L'Aquila in central Italy. The Director of the Vatican Press Office, Fr. Federico Lombardi, noted that "...in the world today, the Market sets its own rules and regulations, and we have seen the disaster from this over the last year." The pope said he is not opposed to a globalized economy because, if done correctly, it adds unprecedented potential to redistribute wealth around the world. Get your camcorders and video phones ready. Revelation 18 appears to be just around the corner.
|
|
|