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The article discusses how during recessions, the rich become richer and how the businesses cycles still disadvantage the poor and benefit the rich. During recessions, income inequality increases and favors those who are wealthy. As unemployment rises, many people see a significant decline in their income and saving abilities. They are no longer able to afford common resources. For example, people will need to sell their business, houses… This leaves the rich buy up such resources for a cheaper price. This is what keeps the rich constantly "on top" and the poor even poorer. There is a chart which really illustrates this statement put forth by the author.

I think it's funny to see how rich people can get even richer during recession.

This article talks about how the top 1% doesn't get affected by recessions and actually gets richer while the poorer get poor. This came as a surprise to me as I thought recession always had a negative effect on the incomes of the population, but obviously this isn't true. The article states since the recovery period of 2009, the bottom 99% of workers incomes decreased by 0.4% while the top 1% workers income raised by 11.2%, an enormous amount during a recession. In my opinion I think this might be because of the increase in black market activity during a recession, due to the fact that the richest people in the world have earned their income, one way or another, through illegal activity.

This article talks about the decline in deforestation in Brazil of the Amazon. It states that the deforestation in brazil has decreased dramatically from its peak in 1995, at 30 000 square km per year to 4656 square km this year. Although this doesnt seem as alot of space..its actually the size of The New York state. This has all happend due to the rising awareness of the Government to preserve the Amazon. Althoigh enviromentalists are still not completelty happy because the Brazilian government recently signed an agreement in favor of the farmers cutting down trees to increase agriculture. The Brazilians government is planing to reduce deforestation to 3925 by 2015. this is a market failure because by cutting down trees it affects the oxygen levels in the atmosphere increasing the effects of global warming.

I chose this as my article for this week because I am very interested in France as a nation, as I am in French A language and literature HL, and I have to follow french media outlets for a unit in this class. French fiscal policy is a common subject of discussion, so as a result I spend a lot of time reading about similar topics. This particular article discusses the impact a country's fiscal policy can have on firms in that nation.