epstein-index / content-documents /house-oversight-nov /10 /HOUSE_OVERSIGHT_021050.md
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title: 'House Oversight: Estate Documents (Nov 12) (HOUSE_OVERSIGHT_021050)'
source: 'House Oversight: Estate Documents (Nov 12)'
sourceUrl: https://www.justice.gov/epstein
date: '2026-01-01'
category: House Oversight
eftaNumber: HOUSE_OVERSIGHT_021050
ocrPages: 1
ocrChars: 1475
ocrElapsed: 0
parseTier: external-legacy
engine: engine undisclosed (ep-nov-12.greg.technology mirror)
externalSource: greg-ep-nov-12
externalLicense: not granted
externalCredit: ep-nov-12.greg.technology
externalUrl: https://ep-nov-12.greg.technology

On a Net Worth Basis, USA Inc. Also Sits in Middle of Pack vs. Western European Peer Governments Illustrative Estimates* of Government Net Worth, 2009 Better Than USA Worse Than USA Estimated Government Net Worth as % of GDP 400% 0% -400% -800% -1200% -1600% • Cost of Ageing • Structural Deficit • Initial Debt Level Italy Germany Belgium France Portugal USA UK Spain Ireland Greece Note: Estimates of government net worth depends heavily on underlying assumptions such as projections for GDP, demographics, policy changes, etc. Net worth estimates may differ from U.S. Dept. of Treasury's data (used in earlier slides). For more details on underlying assumptions, please refer to Morgan Stanley Research's Global Outlook piece "Sovereign Subjects: Ask Not Whether Governments Will Default, But How," 8/25/10. Source: Arnaud Mares, Morgan Stanley Research. www.kpcb.com USA Inc. | Consequences of Inaction Combined With US Dollar's Reserve Currency Status, Investors Still Prefer USA Inc.'s Debt, For Now Global Aggregate Foreign Exchange Reserves by Currency, 1999 - 2010 100% Other Currencies Euros • US Dollars

  • US Dollars' Share of Total 417 (US$B) Global Foreign Exchange Reserves $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 B www.kpcb.com 75% 1999 2000 2001 2002 2003 2004 2005 2006 50% 25% 2007 2008 2009 2010* Share of Total US Dollars' 0% Note: 2010 data are preliminary and as of CQ3. Source: IMF. USA Inc. | Consequences of Inaction 418 HOUSE_OVERSIGHT_021050