Friday, October 11, 2013

Where I am today mentally...

We just moved from Illinois to Ohio. Have been without TV for about 7 weeks. We just got it hooked up.  I am a confirmed cable news junkie (with a dose of CSPAN), but watching it the last couple of days has dispirited me.  The analysis by the taking heads with obvious biases makes it more painful to listen to.  I think I will stick to reading blogs where reason and intellect, for the most part, prevails.

The last few days  I have settled for watching The Waltons and Columbo on Netflix. If you don't know either of those old shows you don't know what you are missing. :)

Anyway, made this meme to reflect my mood...

Thursday, October 10, 2013

Nice graphic showing where the major parts of the 787 Dreamliner passenger plane come from. Nice lesson in market coordination.

Here is a nice example of the global supply chain in action.

This shows major parts of the Boeing 787 Dreamliner passenger plane and from where they are sourced..

"It takes the world to raise an airplane".

It is amazing to think of all the steps, processes and coordination that must be completed in order for this plane to exist. We don't appreciate near enough how any product, even ones more simple than a large plane, comes into existence that mere mortals like us can use for a fair price.

boeing 787 dreamliner

Nice graphic showing the various sources the US borrows money from.

Here is a nice and concise graphic showing the who and how much we owe as a country to different entities.  A majority of our debt is owed to ourselves through government borrowing from Federal Trust Funds (i.e. Social Security), our own Federal Reserve Bank or from the domestic private sector. We do owe foreign entities about $5 Trillion, however.

Graphic from Planet Money

Holders of U.S. debt
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