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Amidst tension with China along the northern borders, the Indian Navy has carried out its first exercise in recent years with two new aircraft carriers – INS Vikramaditya and INS Vikrant – along with 35 aircraft and other warships to demonstrate its maritime muscles in the Indian Ocean region. The power projection in the Arabian Sea involves MiG-29K fighter jets that operated from the carrier’s decks and a wide array of choppers ranging from the new MH60R to older generation Kamov, Sea King and Chetak besides the homegrown advanced lightweight helicopters. “INS Vikramaditya and INS Vikrant were the centre-pieces of...

In a speech to the League of Conservation Voters, President Biden announced "plans to build a railroad from the Pacific all the way across the Indian Ocean. This all-electric train will provide a nonpolluting alternative to fossil-fueled air and sea transport." Biden rebuffed skeptics by pointing out that "people said the California bullet train could never be built, but it's under construction right now. This triumph of modern engineering can be replicated around the world. Two of the best and brightest Americans will make sure this happens. First, my son Hunter has already gotten buy-in from his Chinese business partners...

POTUS POTTY PANTS being Joe Dementia. Short Video clip ......................

President Biden raised eyebrows on social media this week after appearing to reveal plans to build a railroad from the Pacific Ocean "across" the Indian Ocean. "We have plans to build a railroad from the Pacific all the way across the Indian Ocean," Biden told the League of Conservation Voters at their annual dinner in Washington, D.C., Wednesday night. "We have plans to build in Angola, one of the largest solar plants in the world. I could go on, but I'm not. I'm going off script. I'm going to get in trouble."

I wonder if Biden’s proposed railroad from the Pacific to the Indian Ocean will generate massive industrial production growth? Is this more Bidenomics?? Industrial production unexpectedly dips in May. It peaked eight months ago. On a year-over-year basis, May’s Industrial Production declined to a lame 0.23%. As The Fed hikes rates and slows M2 Money growth. Today the Fed released its Industrial Production and Capacity Utilization report for May 2023. Industrial production edged down 0.2 percent in May following two consecutive months of increases. The Bloomberg Econoday consensus was a small increase. In May, the index for manufacturing ticked up...