Sovereign Debt Crisis

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

    The obligation of subjects to the sovereign is understood to last as long, and no longer, than the power lasteth by which he is able to protect them.
    Thomas Hobbes (1588–1679)

    Pain and fear and hunger are effects of causes which can be foreseen and known: but sorrow is a debt which someone else makes for us.
    Freya Stark (1893–1993)

    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)