The eagle is present across a range of beliefs or philosophies; 1  The Eagle represents spiritual protection, carries prayers, and brings strength, courage, wisdom, illumination of spirit, healing, creation, and a knowledge of magic. 2  The dictionary of scripture and myth, describes the eagle as;
Although the US's overseas debt almost equates to its annual GDP, it is still regarded as a safe bet. However, its credit rating has been downgraded. Although Asia - primarily China and Japan - holds the majority of US debt, Europe has the second largest percentage. This means whatever happens in the eurozone will have a deep impact on the US banking system. Within Europe, the UK, Switzerland and France hold the largest amount of US debt, amounting to hundreds of billions of dollars.
How It Affects the U.S. Economy. China must buy so many U.S. Treasury notes that it is now the second-largest lender to the U.S. government. Japan is the largest. As of January 2017, the U.S. debt to China was $1.051 trillion. That's 28 percent of the total public debt owned by foreign countries. Many are concerned that this gives China political leverage over U.S. fiscal policy, since it could call in its loan.