Santiago, Chile, Apr 17, 2009 / 12:18 pm
Archbishop Ricardo Ezzati of Concepcion in Chile said this week the global economic crisis has profound moral roots and that economic leaders around the world should “use their intelligence to seek the truth that leads to true development.”
In response to protests by workers in downtown Santiago against massive layoffs, the archbishop explained that the crisis is the result of disregard for the ethics and morality that should guide the managing of finances and the economy.