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.
'The problem for the U.S. is they owe China so much debt,' he [Shi Yinhong, director of the Center on American Studies at Beijingâs Renmin University] said, referring to the Chinese governmentâs vast holdings of U.S. Treasury bonds, estimated at about $1.5 trillion..he United States government would owe China exactly zero, if the Chinese government did not decide to buy up U.S. government debt with its dollar earnings instead of just selling them in international currency markets.