this post was submitted on 21 Feb 2026
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Europe
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Rare W for Hungary.
I can't believe the EU settled on $90 bn from private banks to lend to Ukraine, basically putting all EU citizens on the hook for $90 bn + interest (I didn't check the specifics but it could easily come out to ove $150 bn of EU citizen tax money going to private banks to repay this loan instead of going to their own healthcare and education and public services). As usual, the people who pay back the loan wouldn't have been those who benefit from it or those who decided to take the loan in the first place. Truly a banker's paradise.