The US Navy has had some serious problems during the last ten years. The carrier admirals still control the budget process. Our subs are too big to operate effectively in shallow water environments. Lockheed Martin has become a virtual monopoly for many of our weapon systems. There had been serious corruption in the purchasing system of DOD.
Meanwhile our credit system is broke and the root causes are due to political corruption of our political class.
I have been told by a friend that the University of Arizona is nearly broke. A number of California counties are heading for the financial tank.
Good times are coming to an end. Read some financial history for guidance.