Total Government + Private Debt in USA —
At Historic High of 360% of GDP
USA Total Credit Market Debt Outstanding as % of GDP, 1929 — 2009
350%
300%
250%
200%
150%
100%
U.S. Credit Market Debt / GDP (%)
50%
0% 1929 1934 1939 1944 1949 1954 1959 1964 1969 1974 1979 1984 1989 1994 1999 2004 2009
m Households a Corporates g Financials a GSE m Government
KP Source: Dept. of Treasury, Federal Reserve. (@)E) www.kpcb.com USA Inc. | Appendix 463
Appendix
Useful Links
KP a USA Inc. | Appendix 464
HOUSE_OVERSIGHT_021073