Famous quotes containing the words sovereign, debt and/or crisis:
“If a Sovereign should, by great accident, deviate into moderation, justice, and clemency, what a contemptible figure would he make in the catalogue of Princes!”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man’s surety. If your friend is in distress, aid him if you have the means to spare. If he fails to be able to return it, it is only so much lost.”
—Andrew Jackson (1767–1845)
“We can’t afford the wrath of Heaven. We survived a deluge by the skin of our teeth, but an economic crisis would be disastrous.”
—Friedrich Dürrenmatt (1921–1990)