I can't access the audio either but 'eagle wraps' doesn't make any sense. It is very likely that that is not what was actually said or not what they meant to say. Maybe it was some kind of 'collapse'? 'Economic Collapse' or something that sounds similar to 'eagle wraps'.

No, I don't have access.

http://iview.abc.net.au/programs/lateline/NC1571H042S00#playing at 29:49 it's an australian TV program, not sure if you have access or not

Do you have the original audio?

No. it's not from automatic captions. The caption is provided by a professional translation party, so it's fairly reliable. It might just be a regional term , or some particular stuff that only belongs to that area