At the end of a political economy piece I published in September 2023, I noted that the long legacy of under-investment caused by neoliberalism seemed to be ending due to the Covid Crisis and a new tendency of state-led investment. If this tendency of higher investment persisted, I predicted it could lead to a new profitability crisis. But instead, it seems that this investment push has highlighted an even deeper crisis in the American economy, and one which is at the root of the current attack on the Federal Government by the high bourgeoisie. This crisis is precisely the sort experienced by the late Soviet Union, an inability to actually utilize the resources marshalled by investment, and therefore a breakdown in the production of use values. Unlike the Soviet Union, where the state socialist system had limited access to world markets and goods were rationed broadly, this breakdown in production of use values is not experienced as shortages but higher prices and loss of market share.