Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Royal Navy

Historical Insanity

Will America’s Navy Suffer the Fate of the Royal Navy?

Yet signs of obvious decline in the US Navy are easy to spot. Hence, the US Navy could soon suffer the same fate as the Royal Navy did in the 20th century, being unable to maintain its fleet while planning giant new warships.

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My Thoughts

The Surprising Return of the Aircraft Carrier

Watch the carrier race carefully because it might be beginning of a scramble for naval power among the world’s nations which can have disastrous results. Perhaps the world’s leaders should stop focusing so much time and energy on nuclear disarmament; and take some efforts to halt or reverse the proliferation of aircraft carriers. They might be the weapon with which the next war is fought.

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