It's not.
Belgium is rated investment grade by all three agencies [1]. The cost to insure its debt implies a <2% chance of default in the next 5 years [2], lower than America [3]; the IMF assesses its "overall risk of sovereign stress...as moderate" [4].
[1] https://en.wikipedia.org/wiki/List_of_countries_by_credit_ra...
[2] https://www.worldgovernmentbonds.com/cds-historical-data/bel...
[3] https://www.worldgovernmentbonds.com/cds-historical-data/uni...
[4] https://www.imf.org/en/-/media/files/publications/cr/2025/en...
Belgium is a curious country that was formed via historical quirks around religion (many Flemish/Dutch speaking catholics not wanting to be part of protestant Netherlands, but that is a gross oversimplification and the history is very complex - read up on wikipedia if curious). Historically the Flemish were the poorer part of the country, but after deindustrialization the story flipped as most of the industry was in the French parts. The result is bitterness that holds the whole country back.
Now detail three strengths Belgium posses.
If you hyper focus on the problems, you’ll be completely oblivious to the solutions.
That being said, Belgium can be and is wonderful. I'm a geopolitical nerd and I loved touring the WW1 battlefields.
Ghent is one of my favourite mid-sized cities in the world! It's got some of the best gothic architecture around, an amazing and creative beer scene, and is not overrun with tourists the way Bruges is. I was there for a conference (I'm Canadian) with a colleague who grew up in Paris. He literally said "If I knew Belgium had this, I would have visited far more often". Belgium gets a bad rap because it got so hammered in both world wars and if you just visit Brussels you're left with the impression that it has little history outside of one preserved tourist block.
I’ll get the ball rolling.
Belgium is tiny about 30,000 square kilometres.
But it produces a metric fuck tonne of food.
You only got to come up with two more now. C’mon, you can do eeeeit!
> They asked
I don’t understand this approach.
You’re on an open discussion board.
Yeah, they asked. Now I’m asking something.
Or do you expect the chair to bang their gavel and tell me I’m out of order.
https://ec.europa.eu/eurostat/web/products-euro-indicators/w...
Debt to GDP ratio of 107%, only Greece, Italy, and France are worse. Even Spain and Portugal are better! It is frightening how many member states are over 80% when they are supposed to be at 60% or better.