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)

    Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.
    Calvin Coolidge (1872–1933)

    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)