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。

youdao

We've seen lots of private debt crises, such as the U.S. subprime.

我们已经看到大量私人部门的债务危机，比如美国的次债危机。

youdao

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%。

youdao

"Job creation in the United States is something that small businesses, entrepreneurs and the private sector will do but they cannot do it if they are burdened by a legacy of debt and the prospect of higher taxes to pay off that debt and that is the most troubling aspect of the policies this administration is pursuing,".

VOA: standard.2009.12.05

After qualifying for low German interest rates overnight, citizens entered a spiral of private debt.

ECONOMIST: Charlemagne

There are proposals to put together Korea's private debt and issue sovereign debt in its place.

CNN: Money & Investing

The private debt restructuring that Icelandic households and companies are now going through is pretty horrendous.

BBC: Icelandic lessons for the eurozone