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)

    Man’s pity for himself, or for his son,
    Always premising that said son at college
    Has not contracted much more debt than knowledge.
    George Gordon Noel Byron (1788–1824)

    What happens in a strike happens not to one person alone.... It is a crisis with meaning and potency for all and prophetic of a future. The elements in crisis are the same, there is a fermentation that is identical. The elements are these: a body of men, women and children, hungry; an organization of feudal employers out to break the back of unionization; and the government Labor Board sent to “negotiate” between this hunger and this greed.
    Meridel Le Sueur (b. 1900)