Sovereign Debt Crisis

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

    ‘tis a duteous thing
    To show all honor to an earthly king;
    —Unknown. Yet if His Majesty, Our Sovereign Lord (l. 21–22)

    Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man’s surety. If your friend is in distress, aid him if you have the means to spare. If he fails to be able to return it, it is only so much lost.
    Andrew Jackson (1767–1845)

    When you give power to an executive you do not know who will be filling that position when the time of crisis comes.
    Ernest Hemingway (1899–1961)