Gradually and Then Suddenly: Explaining the Navy’s Strategic Bankruptcy

“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” – Ernest Hemingway, The Sun Also Rises     The U.S. Navy is on the verge of strategic bankruptcy. Its fleet isn’t large enough to meet global day-to-day demands for naval forces. Due to repeated deployments and maintenance backlogs, the … Continue reading Gradually and Then Suddenly: Explaining the Navy’s Strategic Bankruptcy