Pope says Vatican insolvent
(youtu.be)
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It was not a public one. They were discussing what was taken from below the Vatican and they did say it was in the Quintillion’s. I just caught the very end.
Who are "they"? Also, I call bs on "Quintillions" (1 Million Trillion). Assuming that's in USD, that's far greater in scale than the total value of the world economy which in 2019 was reportedly US$133 Trillion, which isn't even a Quadrillion.
And if we're talking about the total value of gold ever mined, it's maybe US$7.5 Trillion for maybe 2.5 Billion ounces.
Got any sources to those claims? The reason why I'm insistent is because the scale of this claim far exceeds the known wealth of the world by a factor of a thousand to ten thousand. That means you'd have to multiply Earth by a thousand to ten thousand times. Do you know how world changing that kind of information is?
If you can't back up your claims, then it's as good as fiction.
Ghost of aswartz ran his figures thru the Dominion voting machines. They aren't being used right now, anyway. No waiting.
I know that the Queen owns Australia. I live in it as an Australian Citizen.
I suppose if you evaluate these territories by time in centuries you might get to a quadrillion. The Queen's wealth is a pill that's a bit easier to swallow, although 20 quadrillion is a huge stretch. The Vatican is harder, since their land holdings are not of the same scale and there aren't a billion churches, but if you measure their wealth in time I suppose you could reach a quadrillion.
The problem is the Vatican's "Quintillions", and specifically in Gold that's ready to liquidate. That breaks many rules in economics and physics and is too big a stretch to accept so readily without inducing hyperinflation. The physics part is the mass of that gold. Divide $1 quintillion by maybe $2000 per ounce (a high price of gold in USD), and you get 500 trillion ounces. Where could they store that much gold, how did they get that gold, and how the hell would they be able to move it out?