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‘Nancy Pelosi Is Going to Taiwan so She Can Buy the Dip She's About to Create’

A breakdown of the strategic rationale (or lack thereof) of U.S. House Speaker Nancy Pelosi’s trip to Taiwan.

August 2, 2022

This episode is sponsored by, Chainalysis and FTX US.

After weeks of speculation, debate and increasingly bellicose rhetoric, Speaker of the House of Representatives Nancy Pelosi has decided to go to Taiwan. In today’s episode, NLW explains discussion around the strategy behind the decision, why the timing makes a harsh Chinese response more likely and how the markets are reacting.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Tasos Katopodis/Getty Images, modified by CoinDesk. Join the discussion at