Sovereign Debt Crisis

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

    Nota: man is the intelligence of his soil,
    The sovereign ghost. As such, the Socrates
    Of snails, musician of pears, principium
    And lex. Sed quæritur: is this same wig
    Of things, this nincompated pedagogue,
    Preceptor to the sea?
    Wallace Stevens (1879–1955)

    It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.
    Andrew Jackson (1767–1845)

    Without metaphor the handling of general concepts such as culture and civilization becomes impossible, and that of disease and disorder is the obvious one for the case in point. Is not crisis itself a concept we owe to Hippocrates? In the social and cultural domain no metaphor is more apt than the pathological one.
    Johan Huizinga (1872–1945)