Sovereign Debt Crisis

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

    O Sovereign of the willing soul,
    Parent of sweet and solemn-breathing airs,
    Enchanting shell!
    Thomas Gray (1716–1771)

    A good debt is not as good as no debt.
    Chinese proverb.

    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)