The public debt thoughts of Liang Qichao are very rich, and the public debt thought of this article is specially referred to his internaldebt.
梁启超的公债思想极为丰富，本文所论述的公债思想特指他的内债思想。
3
But a debt restructuring could bring the vicious circle of falling confidence and rising interest costs to an end, potentially making internal devaluation a workable if brutal strategy.