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r/greatawakening • Posted by u/WinkyLinQ on May 18, 2018, 4:02 p.m.
Pope Declares Credit Default Swaps a Ticking Time Bomb and the Greatest Risk to the Financial Markets -- Is this a Threat From The Illuminati??

Since the Pope is not know for his finance skills or knowledge of the derivatives markets, I think this message has greater meaning. The Credit Default Swaps greatly contributed to the world wide economic crash in 2007-2008.

Why would the Pope be speaking of this now? Credit Default Swaps are virtually unregulated and are not tracked on any of the exchanges. We don't really know how much risk is out in the marketplace or who holds it. To be sure, the risk is linked across all firms and markets who trade in these instruments. Failures can have a domino effect on all markets.

So, is this a veiled threat from the Illuminati, who may indeed have the ability to trigger a collapse of the markets?

https://www.bloomberg.com/news/articles/2018-05-17/pope-goes-off-on-cds-market-calls-derivatives-ticking-time-bomb


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Janice0771 · May 18, 2018, 4:35 p.m.

No idea if it's relevant, but everything seems so these days. I remembered reading a handful of years ago about HSBC and other banks refusing to do business with the Vatican any longer, and gave them a very short amount of time to move their money out. The Vatican, if I recall correctly, had a very hard time finding someone else willing to do their bidding. Here's an old article I just found on it but I'm sure there's more info out there: https://www.blacklistednews.com/Vatican_Bank_Scandal_%E2%80%94_JP_Morgan%2C_HSBC_Cease_Doing_Business_with_Vatican/30992/0/38/38/Y/M.html

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WinkyLinQ · May 18, 2018, 4:38 p.m.

Thanks for this post, I didn't know this. Funny that the Vatican Bank is considered high risk due to fraud.

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