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ident, Korea Foundation Gerald Levin, Chairman and Chief Executive Officer Time Warner Bernard Lewis, Professor of Near Eastern Studies, Emeritus, Princeton University, Princeton, NJ http://www.biblebelievers.org.au/weektc.htm 12/7/2005 07/26/17 Page 57 of 151 Public Records Request No.: 17-295 Trilateral Comm

utive Officer, Sprint Corporation Dianne Feinstein, Member of United States Senate; former Mayor of San Francisco Martin S. Feldstein, President, National Bureau of Economic Research, http://www.biblebelievers.org.au/weektc.htm 12/7/2005 07/26/17 Page 55 of 151 Public Records Request No.: 17-295 Trilateral Commission Members

1 1975 Q2 2009 ~ 30 5 20 + 0 4 8 12 16 20 24 28 32 36 40 Quarters After Trough Data as of 03 2016. Source: Investment Strategy Group, Datastream, National Bureau of Economic Research. Exhibit 4: Change in US Household Leverage Following Recessions A large reduction in household debt served as a drag on the pace of this recovery.

es, June 17, 2016. fs) as. 20. 22. 23. 24. Carmen M. Reinhart and enneth S. Rogoff, This Time is Different: Eight Centuries of Financial Folly, Princeton University Press, 2011. Alvin H. Hansen, “Capital Goods and the Restoration of Purchasing Power,” Academy of Political Science, 1934. Alvin H. Hansen, “Economic Pro