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™@ Increased government focus on education. In many countries, per student public spending on
document IMAGES-008-HOUSE_OVERSIGHT_024503.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… a growing middle class and the one-child policy are driving multiple incomes to one child and increasing the amount of capital that can be dedicated to education. These socioeconomic factors are reflected in the increasing numbers of private kindergartens, which have grown at a...

The Learning Brain
document IMAGES-003-HOUSE_OVERSIGHT_015725.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… to the Internet. The inspiration for the project came from an analysis of the economics of the computer industry. Huge capital investment in the western world is driving most costs down, but one cost that seems to have stuck fast is the access device. Laptops tend to remain at a...

Re: Results
email IMAGES-006-HOUSE_OVERSIGHT_022230.txt Dec 16, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ence, with the science and org sites. I spend literally four months of non-stop work, creativity, and my own political capital to getyou this so far, which saved you not only time, but countless dollars, and isn't something that can be readily bought. I had people working also f...

Swedish American Group Focuses On Cancer, Autoimmune Diseases At... _ https://www.forbes.com/sites/g
document IMAGES-009-HOUSE_OVERSIGHT_026761.txt Sep 9, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…K. Hansson, secretary general of The Royal Swedish Academy of Sciences. Today, “we see an increased interest of foreign capital in Swedish Life Science, which the Swedish government embraces,” he said. Swedish Life Science players, he added, "look for international expansion 9/1...

Exhibit 76: Emerging Market Currency Valuation
document IMAGES-003-HOUSE_OVERSIGHT_014598.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ong- standing concerns about China’s economic vulnerabilities and the likelihood of looser policy, policy mistakes and capital outflows. we believe the ascent of interest rates remains in its infancy. Still, it is important to differentiate between a normalization of interest...

The third concern: Germany as paymaster. We are often told that Germans across both major parties ar
document IMAGES-011-HOUSE_OVERSIGHT_031162.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… in European deficit countries of Eur 108 billion in 2010. The gap measures how much European deficit countries rely on capital inflows to fund consumption, rather than investment (which contributes to future GDP). Germany’s share of the European surplus is around ™%, so let’s as...

Exhibit 34: US GDP per Hour Worked
document IMAGES-003-HOUSE_OVERSIGHT_014573.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ing oil prices and a rising dollar that began in mid-2014 has been a meaningful drag on US growth, with energy-related capital spending falling by more than 60% over this period. In addition, exports have softened, the S&P 500 has suffered almost two years of contracting profit...

01.00 t.h.rici NA ritil A MU. 14.1.31 own WBeIC
document TEXT-001-HOUSE_OVERSIGHT_029865.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…led hair falling own their bare shoulders. The wedding reception was ke so many except that it took lace in Tehran, the capital of an damic republic whose ruling erics take a dim view of such dis- lays ofsldn and secular, Western- 'tented tastes. "We represent the change In BY 1,...

higher-than-expected International investments. The biggest downside risk is lower
document IMAGES-003-HOUSE_OVERSIGHT_014942.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… subscriber growth is faster than expected, and 3) international expansion into new large markets (e.g. China). OnDeck Capital (ONDK) Our $6 price objective is based on 10x our 2018E EBITDA. This is below the internet ecommerce comparable group (11x) which is justified in our v...

CHAPTER II Cannabis Science 101
document IMAGES-008-HOUSE_OVERSIGHT_024661.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ce psychological distress. Terpinolene is found in sage and rosemary and is used in soaps and perfumes. © 2017 Ackrell Capital, LLC | Member FINRA/SIPC 25 HOUSE_OVERSIGHT_024661

Fwd: DeMilked - 30 Ordinary Photos With Amazing Backstories
email TEXT-001-HOUSE_OVERSIGHT_020666.txt Mar 7, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

…Aparan, Armenia' HOUSE OVERSIGHT 020681 "In 1998, I found myself in Aparan, a large town an hour's drive from Armenia's capital, Yerevan. A local dance troupe was performing that evening, in the open air, with most of the suburb in attendance. As soon as I took my first shot, an...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024674.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…n date shown. Coliforms NIA E coli NIA 2 Salmonella NIA Pseudomonas NIA Sample Laboratory Test Results © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024674

US Utilities PE/SPX PE
document IMAGES-007-HOUSE_OVERSIGHT_024209.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ectric vehicle demand impact e Regional load growth changes — manufacturing renaissance, state taxes, etc. 8 Electron Capital Partners, LLC HOUSE_OVERSIGHT_024209

Re: Results
email IMAGES-006-HOUSE_OVERSIGHT_022219.txt Dec 16, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ence, with the science and org sites. I spend literally four months of non-stop work, creativity, and my own political capital to getyou this so far, which saved you not only time, but countless dollars, and isn't something that can be readily bought. I had people working also f...