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Is the RCC’s wealth mostly liquid or in real estate?

Written by YouCanDoIt! on November 25th, 2008
real wealth
Rivkah asked:


(Please no Catholic-bashing. Thank you.)

Ava

6 Comments so far ↓

  1. Nov
    26
    5:06
    AM
    CorruptedSpirit, AM Associate

    The wealth is locked up in real estate and controlling interests in many big businesses.

  2. Nov
    26
    11:43
    AM
    VROOM VROOM RACER GO GO!!! WIN!!

    Liquid? Like oil?

    I dunno what you’re talking about. Money isn’t liquid.

  3. Nov
    29
    3:32
    PM
    somethingtrinity

    I believe it is real estate and material items.

  4. Dec
    1
    10:37
    PM
    Heathen Princess HPFBD JPA

    Probably pretty spread out.
    They have priceless art, lost books, marbles, gold, cash, real estate (like their entire little country there) historical real estate (Notre Dame comes to mind) etc.

  5. Dec
    2
    11:29
    PM
    budleit2

    Huge tracts of real estate.

  6. Dec
    3
    2:23
    PM
    JC4

    The Vatican made a few very good deals with Mussolini, and now they control something like 10 or 15% of the Italian stock market.
    Good leverage if the Italian government ever tries to give the Vatican any trouble.