The ECB lost €10 billion last week and its capital now stands at just €54 billion!
On 18 March, the ECB's banksters published the Eurosystem's weekly balance sheet, which shows a capital loss of €10 billion on 14 March, compared with its previous balance sheet drawn up on 7 March. This brings its capital down to €54 billion!
The funny thing is that nobody, absolutely nobody, is talking about it. Not a single article has been devoted to this historic and
colossal loss!
Even those who are known as dissidents, i.e. those who have never believed in this coronavirus story and who consider themselves competent to denounce the banksters and other pests of all kinds, are refusing to pass on my articles and to publicise them...
Deposits by non-residents fell by
13 billion euros over the past week, which means that foreigners who had deposited capital in this area are withdrawing it en masse.
This loss of 10 billion euros over the past week is part of a debacle that began on 2 February 2024 (i.e. over more than a full year) and since then the plunge has occurred in two stages, first at the beginning of 2024 and especially since the beginning of 2025, with a further acceleration last week, generating
a loss of 66.706 billion euros over this period!
Since the beginning of 2025, the ECB's capital loss is... 37.926 billion euros!
The ECB has virtually no capital left in relation to its total assets.
In fact,
the equivalent of equity capital for a company and for a bank, its capital and reserves heading now corresponds to just... 0.86% of its total assets!
This ECB only owes its survival to the presence of 872 billion gold which belonged... to the member states of this Eurosystem. The capital gains on the gold are recorded under item 11 of the ECB's liabilities under the heading of revaluation accounts.
These revaluation accounts are skyrocketing, while equity, which was always at a low, is tending towards absolute zero, and even into negative territory if the previous trend continues in the coming weeks...
For the record, the ECB's assets of
€6,275 billion are slowly declining... while its equity capital is virtually zero and the deposits of the region's commercial banks are on a lethal downward trend!
As a reminder...
What's going to happen in the near future?
First answer: nobody knows, because there is no tangible evidence to support a reliable answer.
The only scenarios that can be put forward are
If the ECB continues to lose €20 billion a week, it will have no equity at the end of March.
No problem, say the ECB's banksters in chorus:
a central bank can have negative equity!
There are no limits for these people.
They even go so far as to say that a reversal would allow the ECB to book future losses on the basis of its... future profits!
On a more serious note, there are two possible solutions...
The first would be to delete item 11 (gold revaluation accounts) and incorporate it into a new item 11, replacing the current item 12 to form a single item corresponding to the equity capital of the chart of accounts, including the
items capital and reserves and revaluation accounts, as the Banque de France already does.
The problem that would then arise would be that the gold that
belonged to the Member States before the adoption of the Eurosystem would then effectively become the property of the ECB's banksters, which is legally and politically unacceptable.
Second solution: the Member States would then be obliged to make up the shortfall in equity capital through contributions, i.e. through new taxes paid by the
taxpayers of the Member States.
Moreover, the precise cause of this shortfall in equity is not currently known with any reliability...
