Sovereign Debt Crisis

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

    “To every people the land is given on condition. Perceived or not, there is a Covenant, beyond the constitution, beyond sovereign guarantee, beyond the nation’s sweetest dreams of itself.”
    —Leonard Cohen (b. 1934)

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

    “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)