Central banks themselves, particularly the ECB, are technically insolvent because their debts exceed their equity by many multiples, and the ECB cannot be recapitalized because it requires agreement across multiple sovereigns, making the Euro fragile
factualpending
Speaker
Alistair McLoudEvidence Quote
“you've got central banks which are insolvent I'm not talking with commercial Banks the central banks are insolvent uh they're insolvent in the sense that uh they their their debts uh exceed their Equity many times over many many times over”
Created: 8/11/2026, 6:55:40 AM
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