Sovereign Debt Crisis

Famous quotes containing the words sovereign, debt and/or crisis:

    Every new sovereign brings his own ministers.
    Chinese proverb.

    I wish the days to be as centuries, loaded, fragrant. Now we reckon them as bank-days, by some debt which is to be paid us, or which we are to pay, or some pleasure we are to taste.
    Ralph Waldo Emerson (1803–1882)

    The people of the United States have been fortunate in many things. One of the things in which we have been most fortunate has been that so far, due perhaps to certain basic virtues in our traditional ways of doing things, we have managed to keep the crisis of western civilization, which has devastated the rest of the world and in which we are as much involved as anybody, more or less at arm’s length.
    John Dos Passos (1896–1970)