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One of the cornerstones of neoliberalism as practiced in the US in the Clinton-era and beyond has been predatory lending disguised in a facade of laissez-faire feel-good marketing. Drawing a line between Jack Ma’s new lending scheme and that is a pretty specific criticism, even if you don’t agree with it.

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But we're not talking about predatory payday loans, which are not even legal in China.

If you want to say that QE is "neoliberal" and that this is sort of like QE except bottom up instead of top down, I guess I could see your point although I would argue that it's convoluted because the bottom up vs. top down is a major distinction that no longer makes the two similar.

Also, I disagree that predatory lending is a cornerstone of the modern Democratic party, but that's neither here nor there.

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