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Exact(30)
The figures include both government and private sector debt.
It also had high private sector debt, but most of those debts have not gone bad.
It turned out that what mattered most in Ireland was private sector debt.
We have not made a dent in the ratio of private sector debt to GDP.
An EU review found that in 2007 alone, private sector debt grew by 23.5percentt and non-financial private sector debt grew in excess of 40percentt.
Russia currently has about $400bn in reserves, but private sector debt amounts to about $700bn.
Similar(30)
Private sector debt-to-GDP is now 218% in Canada.
Private-sector debt can be ruinous, too.
It can buy private-sector debt.
Private-sector debt has simply been shifted onto public balance sheets.
Nonetheless, the consumer boom has left an overhang of private-sector debt.
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