America's overseas creditors hold it for many reasons.

美国的海外债权人持有美元的理由有很多。

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History is full of examples of sovereign nations failing to pay their overseas creditors in full.

历史上有太多这样的例子：主权货币国家沦落到要全额支付其海外借贷方的地步。

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Although the Banks are more exposed to losses than at first seemed likely, many distressed creditors are either overseas Banks or hedge funds.

尽管银行面临的损失可能要比起初看起来的更多，不过许多苦恼的放贷方要么是海外银行要么是对冲基金。

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Also, inflation and devaluation are worst for overseas creditors.

BBC: The eurozone's borrowing costs may stay lethally high