Universal Intention: – The World Of Finance
Let us pray that those in charge of finance will work with governments to regulate the financial sphere and protect citizens from its dangers.
I guess Pope Francis feels he has had his share of being let down by those in charge of finance! It always seems to be the poorest who suffer most when finances go wrong, both at a personal and a national level. Company executives remain wealthy when their businesses go bust, while their workers lose jobs and the pensions they had been paying into. Indebted countries find their debts rising at the same time as opportunities vanish to earn more from trade and so pay off debts. And don’t ask about covid vaccinations!
Rich nations often owe part of their prosperity to exploitation of workers or other assets overseas; there is an obligation to restore fairness in trade and to protect citizens of this one world from the dangers of unfair trade, which may persist for generations.