These countries’ private sectors have borrowed significantly; but, as the Nobel laureate economist Paul Krugman has been pointing out, leverage and dollar debt are lower (as a share of national income) than they were at the outset of the 1990’s Asian crisis – and at the start of the 1980’s Latin American crisis, for that matter.
这些国家的私人部门负债较重；但是，正如诺贝尔经济学奖获得者克鲁格曼（Paul Krugman）所指出的，杠杆和美元债务比20世纪90年代亚洲危机爆发时低（以占国民收入的比例衡量），也比20世纪90年代拉美危机开始时低。