And what about the public debt?
公共债务又如何呢？
How much public debt is too much?
多少的公共赤字才算多？
Nor was Italy’s public debt downgraded.
意大利的公债并未降级。
以公共债务为例。
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。
What matters is not public debt alone, but all debt.
问题的关键不仅仅是公共债务，而是所有的债务。
The costs also include huge rises in public debt.
代价还包括公共债务的大幅攀升。
Some members have very low levels of public debt.
某些成员国的公共债务水平极低；
Its gross public debt is forecast to be 85% this year.
公共债务总额预计今年有85%。
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。
Before the bank bust, Ireland had little public debt.
银行破产之前，爱尔兰几乎没有债务。
Its gross public debt now amounts to 200 percent of GDP.
其总债务眼下达到GDP的200%。
That year American public debt was just over two-fifths of GDP.
那一年,美国的公共债务仅仅占到GDP的五分之二.
There is no good theory on what is the right level of public debt.
就公共债务的比例而言，并没有合适的理论来规定其最佳比例。
ITALY's public debt is the sleeping dog of the euro zone's crisis.
意大利的国债是欧元区危机潜在的麻烦。
High public debt looks entirely unsustainable in the long run.
高公共债务就变得完全不可持续的长远目标。
Across the developed world, public debt is set on an explosive course.
在发达世界，公债正以爆炸性的速度发行。
In the third quarter of 2007, public debt still amounted to 65.9% of GDP.
2007年第三季度，公共债务仍然达到GDP的62.9%。
Put extra money in the bank and buy public debt and don't buy stock.
存钱、买国债，或者双币存款，别买股票；
The budget deficit is running at 13% of GDP; public debt is well over 100%.
冰岛的预算赤字占了GDP的13%，公债也正好超出一倍。
This is a slow approach and may require massive buildup of public debt.
但这是一个缓慢的办法，并会产生大量的公共债务。
Meanwhile, the cost of bank bailouts led to a sudden increase in public debt.
与此同时，救援银行的成本引起公共债务的骤然增加。
Italy's public debt may be high, but it has become more careful about deficits.
意大利的公共债务或许不低，不过在财政赤字方面确实采取了较为谨慎的态度。
A Fed that is less concerned about public debt may more be prepared to act.
美联储不太关心公共债务，而更倾向于准备行动【如果美联储不担心公共债务的话，那么它就会有行动】。
Without a faster return to growth, the public debt will quickly become unsustainable.
如果不提高经济增长的速度，公共债务将很快不能维持。
If the guarantees were triggered, its public debt could balloon to more than 100% of GDP.
如果被担保对象被引发的话，公共债务可能会急速上升到超过GDP100 %的数量。
Its public debt has swollen from 55% of GDP to 66%; unemployment has never dropped below 8%.
公共国债由占gdp的55%膨胀至66%；失业率从未低于8%。
And almost unnoticed, it has become the world's biggest acquirer of foreign public debt.
几乎被忽视的是它已成为世界上最大的外国公共债务的购买国。
And almost unnoticed, it has become the world's biggest acquirer of foreign public debt.
几乎被忽视的是它已成为世界上最大的外国公共债务的购买国。
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