Sovereign Debt Crisis

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

    “If we study nature attentively, alike in its great revolutions and in its minutest works, it is impossible not to admit enchantment—giving the word its fullest meaning. Man can create no force; he can but use the only existing force, which includes all others, namely, Motion—the incomprehensible Breath of the sovereign maker of the universe.”
    —HonorĂ© De Balzac (1799–1850)

    “Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.”
    —Rutherford Birchard Hayes (1822–1893)

    “The amelioration of the world cannot be achieved by sacrifices in moments of crisis; it depends on the efforts made and constantly repeated during the humdrum, uninspiring periods, which separate one crisis from another, and of which normal lives mainly consist.”
    —Aldous Huxley (1894–1963)