Famous quotes containing the words sovereign, debt and/or crisis:
“The Sovereign has, under a constitutional monarchy such as ours, three rights—the right to be consulted, the right to encourage, the right to warn. And a king of great sense and sagacity would want no others.”
—Walter Bagehot (1826–1877)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The age of puberty is a crisis in the age of man worth studying. It is the passage from the unconscious to the conscious; from the sleep of passions to their rage.”
—Ralph Waldo Emerson (1803–1882)