💶🕊️Europe says the war is illegal. Europe says it’s immoral. Europe says it stands shoulder to shoulder with Ukraine.

And then—when it comes time to actually use the frozen Russian money sitting right there—it reaches for a calculator, a lawyer, and a very small violin.

Instead of seizing aggressor assets, the EU has agreed a €90bn loan for Ukraine. A loan. Not reparations. Not confiscation. Not justice. Debt. Likely with interest. Because nothing screams “moral clarity” quite like invoicing the victim.

🧾 Principles, But Make Them Risk-Averse

Let’s strip this back.

Russian assets are frozen because Europe agrees Russia’s invasion is illegal. Full stop. That’s the legal and moral position. But when faced with the logical next step—using those assets to fund Ukraine’s survival—suddenly the tone changes.

Now it’s all about precedent, market confidence, legal complexity.

Funny how legality becomes murky the moment wealthy interests might feel uncomfortable.

So instead, Ukraine gets a lifeline that looks suspiciously like a student loan:

  • Fight a war for European security
  • Rebuild your shattered country
  • And don’t forget—you’ll be paying this back

This isn’t strength. It’s bureaucratic cowardice wrapped in technocratic language. 📉

🌍 The Message to the World: Aggression Pays, Defence Gets Debt

This isn’t just about Ukraine. This is about signal.

To Russia, it says: we’ll condemn you, but we won’t truly hurt you.

To China, it says: rules exist, but enforcement is optional if you’re big enough.

To every smaller nation relying on international law, it says: you’re on your own—here’s a loan.

And let’s not pretend this doesn’t expose NATO’s posture. If the response to a full-scale invasion in Europe is hesitation over bank accounts, what lesson does that teach about resolve?

Donald Trump pushing for a “quick deal” only sharpens the absurdity. Europe insists it stands firm—yet can’t bring itself to turn frozen billions into a meaningful act of deterrence. Instead, it plays banker while pretending to be a shield. 🛡️➡️💳

🔥 Challenges 🔥

Here’s the question Europe keeps dodging:

If illegal wars don’t result in seized assets, what exactly is the punishment?

Is this solidarity—or fear dressed up as caution?

Is this support—or just kicking the cost down the road until someone else has to deal with it?

Drop your thoughts in the blog comments—not drive-by posts, not slogans. This is about power, deterrence, and whether the West still believes in its own rules. 💬🔥

👇 Like it. Share it. Tear it apart.

The best, sharpest comments will be featured in the next issue of the magazine. 📰⚔️

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Ian McEwan

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