Sovereign Debt Crisis

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

    “Let the trumpet of the day of judgment sound when it will, I shall appear with this book in my hand before the Sovereign Judge, and cry with a loud voice, This is my work, there were my thoughts, and thus was I. I have freely told both the good and the bad, have hid nothing wicked, added nothing good.”
    —Jean-Jacques Rousseau (1712–1778)

    “A good debt is not as good as no debt.”
    —Chinese proverb.

    “Most observers of the French Revolution, especially the clever and noble ones, have explained it as a life-threatening and contagious illness. They have remained standing with the symptoms and have interpreted these in manifold and contrary ways. Some have regarded it as a merely local ill. The most ingenious opponents have pressed for castration. They well noticed that this alleged illness is nothing other than the crisis of beginning puberty.”
    —Novalis [Friedrich Von Hardenberg] (1772–1801)