We may believe that the WT is having financial problems because of the sell-off that has been happening lately. However, I think the opposite. I believe the GB has realized that in today's world the money is in the properties that the sheepies have already paid or are paying for. It's free money for the GB.
The new financial arrangement shows that the GB want full control of all these properties that have been constructed over the years. In my opinion, thats where the money is and the GB wants it badly.
Waiving the mortgages owed to them is a facade to show they're the good guys, only to eventually have all the properties in their name, I bet the arrangement of transfering all properties in their name is coming up next.
How much money does this represent??
I did a rough calculation; in the Province of Quebec most municipal evaluations are public, easily accessed by internet. In this province alone, I counted 99 Kingdom Halls and 2 Assembly Halls (there may be more), the value of all the properties are approx $90.4 Million dollars (I could not find th values of 14 KHs because they are in very small towns, therefore I did not include them in the $90.4M). Technically the amount should be higher.
We can estimate the value of all the properties in Canada and USA (excuding the Bethel facilities) by using a KH to publishers ratio. In Quebec there are approx 27,000 publishers, Canada's publishers are 115,000 which will give us an estimated value of $390 Million in Canada alone. The USA have 1.2M publishers which gives a value of $3.5 Billion in properties. This does not include the Bethel properties.
Just in Canada and USA the GB have access to approx $4 Billion dollars of properties that most elders would just sign over to them. If I'm missing something or calculating wrong, let me know.
Let's see what happens!