
Patria o Muerte – Homeland or Death – National Cuban motto in front of American Embassy in Havana
HAVANA — Cash-strapped Cuba has begun paying a fourth installment on its renegotiated $2.6 billion debt to 14 creditor nations
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Junior Model United Nations

Detroit’s motto is “Speramus meliora; resurget cineribus,” which translates to “We hope for better things; it shall arise from the ashes.”
Detroit shed about $7 billion dollars of debt when it exited bankruptcy.

Michigan’s State Motto: “Si Quaeris Peninsulam Amoenam Circumspice“. “If you seek a pleasant peninsula, look about you.”
According to the U.S. Census Bureau, Michigan had a debt of $33,245,109,000 in fiscal year 2015.