Sovereign Debt Crisis

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)

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

    A crisis unmasks everyone.
    Mason Cooley (b. 1927)