Sovereign Debt Crisis

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

    “If these were only words that I am speaking
    Indifferent sounds and not the heraldic-ho
    Of the clear sovereign that is reality,
    Of the clearest reality that is sovereign,
    How should I repeat them, keep repeating them....”
    —Wallace Stevens (1879–1955)

    “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)

    “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)