Amazon Fires | Snippet Finance

Scepticism is a huge part of investing.
T.H. Huxley said – “I am too much of a sceptic to deny the possibility of anything” (h/t The Browser – more on this site later).
The Amazon Fires probably caught your attention recently. We don’t mean to stir controversy and the attention is well deserved but …
Did you stop and question some of the claims in the press you read?
These two sources did. Here and Here.
- Yes there was a large increase in fires vs. last year but it is only 7% more fires than the average … always check the comparison!
- Lungs of the planet? – the Amazon is a huge producer of oxygen but also a huge consumer. Overall it is closer to balanced!