Its public debt weighs less heavily on markets because much of it is owned by Italians, whose high savings mean that aggregate public plus private borrowing is in line with other euro-area countries.

其公共债务对市场的影响力不大，因为大部分公共债务的债权人是持有高额储蓄的意大利人，意味着非私人借贷部分的公共债务总额同欧元区其它国家的水平差不多。

youdao

Since you appear to have focused of the gloomy scenario where aggregate retirement savings is insufficient cover aggregate retirement expense, which I agree is a distinct possibility, I will focus on that case as well.

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This of course is called inflation, and the greater the deficiency in our aggregate retirement savings, the greater the amount of inflation we can expect.

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Needless to say, even modest efficiency gains in the built environment typically translate into massive energy savings and emissions reductions in the aggregate.

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