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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums💧BREAKING: #DayZero, the day which the 🌍's first major metropolitan runs out of water, has been re
The water wars are here.
Gauteng Weather @tWeatherSA · Jan 23
💧BREAKING: #DayZero, the day which the 🌍's first major metropolitan runs out of water, has been revised to 12 April by the City of Cape Town.
📅 Days until taps run dry: 80
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Jayed- Leigh Paulse @JayedLeigh · 6h6 hours ago
Patensie has got 25% of their quota left. Hankey has got 9% left of their water quota for the year. Van Lingen says its estimated that both towns combined will have their day zero on the 8th March. #Sabcnews
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Gasant Abarder?Verified account @GasantAbarder
My mom and I just had a row about her helping herself to our grey, shower water. To think these arguments are usually about money or family relations. Now its about water. 😳 #DayZero
3:48 AM - 21 Jan 2018 from Cape Town, South Africa
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CrispyQ
(36,478 posts)I got that bumper sticker in the W years & now we're pushing eight billion.
Moostache
(9,895 posts)The wealthy elites - those with their private New Zealand estates already purchased or large tracts of land and rivers in Montana and the American Rockies - are fully intending to allow BILLIONS to die off in the delusional belief that they and their chosen progeny and beneficiaries will somehow remain in a world relieved of "surplus" population.
They believe that the third world is the problem (or really anyone of a skin pigmentation darker than faint beige) and that resource stewardship means making sure they secure a privatized stake in finite remaining resources like arable land, clean water and secured borders.
The great die-off is baked into their calculus of how the world is to be remade with them as the surviving aristocracy and new planetary royals. Well...I have some distressing news for them, money and power cannot save them from the building wrath of the downtrodden and oppressed. When the people unite in opposition to this hideous eugenics crowd gone power mad, the bloodletting will be epic and historic in breadth, length and volume.
44 families control as much wealth as the bottom 4 BILLION people on Earth...how much do those 44 families believe that they will be missed when the masses come for their horded wealth? There is not enough wealth in the universe to protect them...
burnbaby
(685 posts)I don't know what you are talking about. Can I have a link please
muriel_volestrangler
(101,321 posts)Cape Town residents may lose piped water to their homes within two months if they do not act to counter the effects of the worst drought to hit South Africas second city in almost a century.
Local authorities have warned its 4 million inhabitants that if they do not reduce consumption by day zero 12 April they will have to queue at 200 standpipes for daily rations of 25 litres (6.6 US gallons).
The city, which attracts millions of tourists every year, has enforced strict waste controls, including prosecuting homeowners who use more than the 87-litre daily limit. However, the measures have not been enough, forcing local officials to bring forward day zero by nine days.
Due to a drop in the dam levels of 1.4%, day zero has, as of today, moved forward to 12 April, the deputy mayor, Ian Neilson, said in a statement on Tuesday.
https://www.theguardian.com/world/2018/jan/24/cape-town-to-run-out-of-water-by-12-april-amid-worst-drought-in-a-century
burnbaby
(685 posts)peggysue2
(10,832 posts)Over a dozen years ago I read that major corporations were buying up fresh water reserves, forecasting shortages in the near future. The future is now here. And one of the lines I distinctly recall while reading?
Water will become the new oil.
Of course the difference is that water is absolutely essential to life on planet Earth.
Anyone who wants to stroll through what water wars and water privatization might look like should Google Bolivia's Water Wars of the late 90s-early aughts.
Devastating. And we can't say we weren't warned.
NeoGreen
(4,031 posts)...Why Is Michael Burry Investing In Water?
https://investormint.com/investing/michael-burry-water
Michael Burry made his name during the 2008-9 crisis betting against, or shorting, the housing bubble. As manager of Scion Capital hedge fund, Burry applied his expertise in value investing to generate extraordinary returns for investors. In less than a decade, Scion recorded aggregate returns of 489.34% net of fees and expenses.
When the housing bubble imploded, Burrys contrarian bets on credit default swaps paid off so well that he was featured in The Big Short, a movie inspired by a Michael Lewis book. It featured stories of the economic crisis through the lens of a few investors who bet against the housing bubble.
At the end of the movie, viewers got a hint of where Burry was turning his attention to next. The final line of the movie was emblazoned with his bold next investment:
Michael Burry is focusing all of his trading on one commodity: Water The Big Short
If an investor with proven returns who, like Warren Buffett, is a student of Benjamin Graham and David Dodds famous book, Security Analysis, is focusing on investing in water, then maybe you should consider it too?