What they don't take in account is that Belgium is the next in line of the PIIGS. Belgium has one of the largest debts in the Eurozone and has the highest taxes. As a result I don't think that higher taxes will be an option.
So the only other option is to take your deposits like in Cyprus. Belgium happens to have a lot of uninsured deposits ready for the taking (Chart 1).
With this chart I will have another argument up my sleeve. Of course I already prepared myself by taking all my money out of the bank.
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