因此，这些银行体系中的隐性亏损实际上是准财政赤字， 而不是传统意义上的不良贷款。

As such, these hidden banking losses are actually quasi-fiscal deficits, rather than traditional non-performing loans.

youdao

第一个短语是in the red(亏损，欠债，出现赤字)，它是公司亏损的另一种说法。

Our first expression is "in the red." It is another way of saying that a business is losing money.

youdao

第一个短语是in the red（亏损，欠债，出现赤字），它是公司亏损的另一种说法。

Our first expression is in the red. It is another way of saying that a business is losing money.

youdao