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)
“A good debt is not as good as no debt.”
—Chinese proverb.
“A crisis unmasks everyone.”
—Mason Cooley (b. 1927)