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Belgium and France have decided to halve the guarantees that they provided for Dexia’s bad bank. The bad bank was created to group all Dexia’s problematic loans when the group was dismantled last October. Journalist Andy Carling in Belgium tells me on Facebook, “This is what’s likely to bring down Belgium…” [...] Journalist Andy Carling in Belgium, on the dire situation there, where for 18 months now a caretaker government has been handling only routine business. Now, Belgium, a nation that appears intent on geographical suicide is about to go under. A combination of EU dithering, narrow minded politicians and financial pressure has left the home of [...] |  | ||||
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