[rcme]

Does it? A lot of the events involve China’s influence over Taiwan and the impact on the semi-conductor industry. E.g. China disrupting the chip supply chain in Taiwan and the U.S. responding by supporting the domestic chip industry. What is the conspiracy there exactly? That Pelosi conspired with China to create the pretext for a bill that would support the domestic chip industry to profit off the stock market?

[unity1001]

> China disrupting the chip supply chain in Taiwan

The US started the trade war and 'sanctions'. Just like the long-running low key trade war it started against the Eu in 2005. Its not China doing anything.

The US even violated or rejected many of the WTO rules it previously backed in enforcing on all other countries when it had the market advantage. Which is one reason why practically every single country outside various European ones are converging around China, India, BRICS etc - they see the US and its satellites as unreliable partners who would renege on any word anytime its convenient for them.

[NhanH]

The conspiracy is that Nancy Pelosi is doing insider trading.

Though at this point, I'm not even sure "conspiracy" is the right word anymore. There is nothing "secret" with the situation.

[rcme]

Insider trading is not a conspiracy. I think insider trading is bad, and the laws should be amended so that congress is forbidden from insider trading. But if the only “smoking gun” is insider trading then this is a non-issue. It’s legal for members of congress to trade with non-public information, and many members in both parties do it.

[prottog]

Clearly people find it distasteful when politicians do legal but immoral things. It's a non-issue legally speaking, but one wonders why this gaping source of misaligned incentives remains.

[rcme]

I agree. But it’s not something that requires a “special prosecutor to investigate the allegations”, which is the statement that started this conversation.

[astrange]

If the point of allowing trading is better price discovery, then banning insider trading doesn't make all that much sense, because the insiders are contributing information by improving the price.

(Also makes you wonder why analysts bother meeting with CEOs since the CEOs can't share non-public information.)