The deficit is essentially negative saving.

赤字实质就是负的储蓄。

youdao

Some people do save a lot, but many others have huge credit card balances (negative saving).

FORBES: Musings While Cycling: Why are Americans so Impatient?

Australia now has a negative saving rate.

ECONOMIST: The Australian economy

Consumers have surprised me in their ability to consume and save at the same time, even though much of the saving is being supported by transfer payments and the national impact so far has been offset by the negative saving of the government.

FORBES: Wealth and Fitness Secret - Ratios