Luke Gromen: Neoliberals now wary of China impact on U.S. corporate profits

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01.07.2026

Luke Gromen: Neoliberals now wary of China impact on U.S. corporate profits — Neoliberals shift stance on China profits

Luke Gromen, founder, president, macroeconomic analyst, investor at FFTT, LLC (Forest for the Trees), discusses changing attitudes among neoliberal economists regarding China. Gromen notes that economists such as Krugman previously supported China while it contributed to rising U.S. corporate profit margins, often to the detriment of U.S. working classes.

He suggests the recent change in Krugman’s stance may reflect growing concerns among neoliberals that China is beginning to threaten the profits of major western corporations.

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Gromen has previously highlighted how gold serves strategic purposes for both China and the U.S., describing its use in economic competition. He has also discussed two scenarios for the global economy following World War II, including both positive and challenging outcomes. These perspectives inform his current views on shifts in economic policy toward China.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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