Replying to Avatar FLASH

⚡️🤡 JUST IN: The 🇪🇺 ECB reports a €7.9B loss in 2024, driven by high interest costs on TARGET2 liabilities.

With no remaining risk provisions, losses are piling up, raising concerns over euro stability, potential money printing, and the risk of future taxpayer-funded bailouts.
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Tauri 11mo ago

It will be at least 5x bigger by the end of this year unless Europe pivots on all of their policies for the past 4 years. Highly doubtful.

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