That's actually a good example of why he's not a neolib. Neoliberals see trade imbalances as a neutral or even a good thing.
Feline
joined 1 week ago
on western companies to acknowledge the current world context, and start dropping their neoliberal paradigm since this is a do or die moment for them.
Western companies abandoning neoliberalism
To ideologically align with the fascists in power
Mag lights
You mean a fash light?
That's not what neoliberalism is. Neoliberalism is the ideology that promotes free markets and globalization. Trade deficits are an inherent part of the neoliberal order. The dollar flows out of the US, while the wealth and resources of the global south flow into the US. That's the trade defecit, and neoliberals have no problem with it. Neoliberals are the ones who did NAFTA and the other free trade agreements that more or less necessitate a trade deficit