gōng / sī / kào / jiè / xīn / qián / hái / jiù / qián / yǐ / zhài / yǎng / zhài / fēng / xiǎn / yuè / lái / yuè / dà

公司靠借新钱还旧钱，以债养债，风险越来越大。

The company relies on borrowing new money to repay old debts, and the risk keeps growing.