Looks like the U.S. is ready to take a dose of state capitalism's quick fix too Even though JPMorgan Chase CEO Jamie Dimon keeps emphasizing that this $1.5 trillion SRI plan is purely a commercial move, we all know what's up—this is basically a carbon copy of China's Ministry of Industry and Information Technology's industrial policy. The only difference is that in China, it's the state-owned financial enterprises taking the lead, while in the U.S., it's JPMorgan Chase, a core component of the American deep state, stepping up to the plate. JPMorgan Chase plans to fully leverage U.S. financial hegemony, using a 1:150 leverage ratio to mobilize global sovereign capital, pension funds, and hedge funds to co-invest as the ultimate bag holders for America's AI gamble on its national destiny. After reading this SRI plan, I have two takeaways: 1. Congrats to Sam Altman for finally making OpenAI "too big to fail," pushing the Fed's put to the absolute limit. 2. China's supply chain and engineering innovation capabilities are so strong that they've forced the U.S. to resort to the same high-leverage, all-in gamble on national destiny that Japan once tried.