This is so rich coming from Jamie Dimon.

It's the sound of a man who rode the China gravy train to the end of the line, pocketed the loot, and is only now saying the "right things" because it led his country straight toward a cliff.

He and his fellow elites sold out America's industrial heartland, its workers, its security, and its future, all while making themselves and some commies very rich and powerful.

How many of you know about the "Sons and Daughters" program scandal?

From 2006 to 2013, JP Morgan created a special fast-track hiring program that gave cushy internships and full-time jobs to the unqualified kids and relatives of powerful CCP officials and state-owned company bosses. They're collectively known as the "princelings."

Bankers kept spreadsheets explicitly tracking which princeling hire led to which big deal. Hooking up the right connected kid suddenly brings you IPOs and investment banking business worth over $100 million in revenue in China.

America's biggest bank systematically sold out its hiring standards to suck up to the Chinese regime's elite, bribing them with prestigious Wall Street jobs for their spoiled kids in exchange for lucrative contracts. This is textbook corruption. The US government called it what it was - violations of the Foreign Corrupt Practices Act, and JP Morgan had to pay a $264 million fine to settle the scandal.

For years, JP Morgan made billions in China. Dimon himself joked that JP Morgan would outlast the Communist Party. Now Xi has tightened capital controls, imposed more restrictions and retaliatory regulations, showed state favoritism toward SOEs, and the macroeconomic environment (slowing growth, property sector woes, etc.) has now changed so much that returns for US companies in China are diminishing while compliance and legal risks increase exponentially.

So the cynic in me says this isn't a real Come to Jesus moment; that fateful decision to court and do business in China wasn't a well-intentioned error in judgement to "democratize and bring freedom to China."

It was just greed. And now the taps have run dry and the bill is coming due for the rest of America.