Public debt may be high, but private debt is low.
国家债务虽然居高,但是私人债务却保持低调。
The national debt is analogous with private debt.
国债和私人债务类似。
Public debt will rise so that private debt can fall.
公共债务上升才能使私人债务下降。
But it's the private debt ratio of 240% of GDP that has investors worried.
但投资者担心的是私人债务占gdp的比例——240%。
Debt has simply been transferred from the private to the public sector.
债务已经从私人转移到公共部门。
The private sector in India also has a lower level of debt.
印度的私营企业同样有更少的负债。
The private sector in India also has a lower level of debt.
印度的私营企业同样有更少的负债。
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