I think this is a very good breakdown. The article operates on questionable assumptions and while not outright bad (parts of it are correct) it does appear to partially contradict itself in an attempt to present a more favorable picture for a US/Western audience.
I don't have time to read the full article or look into them further rn but do we know their political orientation?
If you are referring to the site itself, Naked Capitalism is a fairly mixed site with authors of varying ideological orientations, I've seen everything from socialist to standard liberal to right wing conservative.
Yves Smith is a frequent contributor to the site and can be quite hit or miss.