Greed at the heart of the global financial crisis: Pope Benedict
I feel gloomy after reading this news article… The world needs a lot of prayers… The financial crisis is only one part of it. At the end of the day, it’s all in people’s hearts, and that is where prayers are needed.
(from news.com.au)
Greed at the heart of the global financial crisis: Pope Benedict
Agence France-Presse
April 22, 2009 09:57pm
POPE Benedict XVI says “greed” is at the heart of the financial crisis gripping the world.
“This crisis was born out of greed,” the pontiff said during his weekly general audience.
The Pope cited eighth century religious figure Ambroise Autpert, who criticised the wealth of monasteries at the time.
Autpert “denounced greed as the root of all evils. In light of the current global economic crisis, this is still the case,” the Pope said.

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