Part 5 of China’s “Hot Money” Problems. If the Chinese government determines it is necessary to take action, it has a number of options on how to slow down the flow of “hot money.” However, each option has potentially negative side effects. Appreciate — or Depreciate — the RMB. An increase in the value of […]
Part 1 of China’s “Hot Money” Problems. China has experienced a sharp rise in the inflow of so-called “hot money,” foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of “hot money” in China vary from $500 billion to $1.75 trillion. The influx of “hot money” is […]
Part 8 of United States Climate Change Impact. Some continued warming of the planet is projected over the next few decades due to past emissions. Choices made now will influence the amount of future warming. Lower levels of heat-trapping emissions will yield less future warming, while higher levels will result in more warming, and more […]