Epstein Secrets

ae ee ee ae fre ne ee eee ee ee eee C7) 5 Oo ¢ a D 10% fn ° Le 0% 1970 1975 1980 1985 1990 1995 2000 2005 2010 Note: *Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, lraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. KP Source: Dept. of

nts to 7% in 2009 from 9% in 2000, while government employee union membership rate rose 50 basis points 37.4% in 2009 from 36.9% in 2000. KP Source: Bureau of Labor Statistics. www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 343 Review Unions: Union Membership Rates by Industry — Government = 37% Unionize

Japan Italy Greece Belgium France Germany Austria Netherlands Argentina USA Poland Spain Norway Sweden Brazil Switzerland Denmark Turkey Australia Venezuela China Russia ° xs NoaogoeenNnagaoeen @obsatdtdrtobkhnbndbaohkhdboaohkhadnonagd NOoO ANA aA aA wWaAaBaNAGAANANA OG AA 1 1 6 7 1 2 4 3 1 1 3 1 2 1

1994 1998 2002 2006 Note: Real spending adjusted for inflation. Fiscal year ends in September. Source: White House Office of Management & K P Budget, Bureau of Labor Statistics. www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 385 Increase Employment — High-Level Policy Options to Consider Short-run option

cation technology, due to the methodology used by the Bureau of Labor Statistics (BLS) and the BEA. If the price indices do not ad

hina, South Africa and Brazil—have negative outlooks from at least two rating agencies, raising the potential for downgrades.! A potential default by Venezuela and its national oil company could also sour sentiment, as could unfavorable tariffs or trade restrictions from the new US administration. Finally, t

Meeting 12 m November 2016 Agreed Cut 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 ran raq Libya UAE Total Algeria Angola Ecuador Kuwait Nigeria Qatar Saudi Venezuela Data as of November 30, 2016. Source: Investment Strategy Group, Bloomberg, OPEC. Exhibit 97: US Energy Sector Ratio of Capital Spending (Capex) to

ly with Brent oil prices now 5 times higher than natural gas prices on a BTU basis. So, let's assume that the US wanted to cease all oil imports from Venezuela, Russia and the Persian Gulf. This would reduce oil imports by ~30%. If Americans still wanted to drive around just as much, absent an increase of 2.

t of gravel spoilage, and less dense soil. Higher soil density and gravel estimates could require 2-4 more bombs. BLS BEA BP BTU CERA EIA E&P GAO IEA Bureau of Labor Statistics Bureau of Economic Analysis British Petroleum British Thermal Unit Cambridge Energy Research Associates US Energy Information Agency Exploration and