I'm offering this with the caveat that I don't necessarily endorse everything he writes about--particularly with regard to China. I simply don't know enough about China to hold firm opinions. That is precisely why I am occasionally posting reasonable articles from different points of view. At least Raimondo in his comments about China does offer supporting links unlike others such as Charles Hugh Smith who pretends that he is an expert on China by omitting any supporting links. I definitely agree with this view he expressed at the beginning of his essay:
As the US stock market was dropping 1,000 points on Monday morning, US commentators were pinning the blame on China. The Chinese economy, they said, was slowing down: what had been the “engine” of worldwide economic expansion was running out of fuel. The clear implication was that China’s rulers were somehow responsible for the sudden evaporation of over $2 trillion in assets over three days of the market plunge.
This focus on China as the foreign culprit behind America’s economic woes is being broadcast far and wide by Donald Trump, the mercurial demagogue who has put foreigner-bashing at the center of the political discourse.