The ECB should give its overindebted members room to adjust.

欧洲央行应该为负债累累的成员国提供调整的空间。

youdao

That is a nonsense. The ECB should give its overindebted members room to adjust.

欧洲央行应该给予负债累累的成员国一些调节的空间。

youdao

Certainly overindebted middle class Americans constitute a broad class of people.

FORBES: Occupy Wall Street's Santa Problem

There is some truth in this, but another reason why the policy has failed to boost spending is that overindebted households and firms prefer to save and repay debt.

ECONOMIST: Deflation

Meanwhile Stephen Roach, an economist at Morgan Stanley, worries that, even if the Fed prints masses of money, in a deflationary environment overindebted households may choose to save rather than spend the cash.

ECONOMIST: World economy