America is borrowing like mad at the moment, so its net government bond sales will total 12.7% of GDP this year. Britain's will total 17.9%, reports Barron's.

据《Barrons》周刊的报道，现在美国正在疯狂地借债，它今年发行的国债将占到GDP的12.7%，英国会占到17.9%。

youdao

(by comparison, America's net foreign liabilities are 17% of GDP.) Much of their debt is being financed by local bank borrowing or bonds sold to investors in creditor countries, such as Germany.

(相比之下，美国的净外债仅占其GDP总量的17%)这些债务中的多数，来自当地银行的贷款，或是向债权国，比如德国出售债券。

youdao

Mortgage lending is still profitable, yet in June it was 3% lower than a year earlier, while net consumer borrowing fell for a second month.

按揭贷款仍然是有利可图的，然而6月比去年同期下降3%，并且净消费贷款连续两个月下滑。

youdao

Thanks to his cuts, the government's net borrowing next year should fall below DM50 billion for the first time since German unity in 1990.

ECONOMIST: Germany��s economic measures

But since September 2008 there have been two definitions of public sector net borrowing and public sector net debt, depending on whether the "temporary effects of financial sector interventions" are included.

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And Monday's figures showing a slight year-on-year increase in public sector net borrowing have fuelled fears that the UK could lose its coveted AAA credit rating, thereby potentially increasing the government's cost of borrowing.

BBC: Olivier Blanchard