Friday, July 11, 2008

You've just got to feel sorry for them.

The latest group to be suffering due to the declining US dollar has just been revealed: the Catholic Church. Apparently, of all the countries in the world, America is the largest overall donor to the Catholic Church, and due to the fall in the value of the US dollar against the Euro, these donations aren't quite what they used to be (although America still donated almost ten times as much as number 2 Italy. Interestingly, South Korea is number 8). In fact, the church actually made a loss of about 9 million euros in 2007.

Now, I don't think the Catholic church is really going to suffer from this. They are indeed the masters of playing the long game (how many other organizations except for the Illuminati have such a long track record?), and I'm pretty sure they've got enough saved up to last them through this dip in income. They won't exactly be mortgaging the Sistine Chapel or anything to make ends meet.

End Post
Writing time: 8 minutes
Time since last post: I can't be bothered working it out
Current media: None

No comments: