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)

    “The debt was the most sacred obligation incurred during the war. It was by no means the largest in amount. We do not haggle with those who lent us money. We should not with those who gave health and blood and life. If doors are opened to fraud, contrive to close them. But don’t deny the obligation, or scold at its performance.”
    —Rutherford Birchard Hayes (1822–1893)

    “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)