573
Investment rule
(slrpnk.net)
Oh
Oh dear
We're fucked, aren't we?
Hopefully people remember and learn from the Australian government who allowed water to be traded like stocks. The idea was that farmers and companies that needed water most would pay for water rights from people who didn't need it.
In practice it lead to mega rich foreigners buying up all the water rights in Australia and preventing anyone from using them which created artificial scarcity and drove up prices. These mega rich foreigners then sold Australians their own water back to them at exorbitant prices.
Yes, "people" will remember how easy it is to get filthy rich when all you have to do is cast your morals aside and exploit the basic needs of human beings. This will be a glowing example for generations of "entrepreneurs".
In practice it lead to mega rich foreigners buying up all the water rights in Australia and preventing anyone from using them which created artificial scarcity and drove up prices. These mega rich foreigners then sold Australians their own water back to them at exorbitant prices.
Oh hey I've seen this movie
I do not support it. However the thrust of the article was to invest in water treatment and water conservation tech companies essentially.
But yeah. Water, food housing and healthcare should all be free.
Also it leads to those with a lot of land to capture and store the rain, which means there's even less water in the river to go around.
Sounds like housing in Canada 😓
This has been a known outcome for at least 30 years.
Yes. We are. We have been for a long time.
It's just becoming more visible to the first world.
Yes. And in “The Big Short” Michael Burry went on to invest in CA water table futures. He’s already profited from that in CA.
pops a can of air
Yeah, probably.
They know very well what they're doing.
The water wars started years ago and if you're not Nestle you're already losing.
Nestle would poison every source of water in the world if it meant swelling a few more bottles of water.
Says the paper that denied genocide in the 1930s.
I'm fairly certain they're denying genocide in the 2020s
We’ll reorient the maps so that the north is west.
Huh?
MANIFEST DESTINY
eagle scream
I actually hope the NYT gets dismantled in the press purges. They've been so evil that I personally hate them more than far right propaganda outlets.
Steal it all back from the rich by force and pay zero.
there's a razor thin line between the top-hat old-school capitalist stereotype and anti-semitic imagery
this is already happening in places like Chili where big avocado farmers are hoarding water while locals suffer from water shortage and we eat our avocados....
Well you don't have to look that far if you're American, the reason California suffer drought and facing water crisis is entirely because farmer draining the water from river and underground for their crops
I knew that was Climate Town. Great stuff.
I think I could get used to the taste of human flesh. I hear the 1% are especially tender
Time to learn moisture farming
Crazy. We literally drown in rain the last 3 years. Maybe we could repurpose the pipelines in reverse direction and use them to transport water?
"Do not, my friends, become addicted to water. It will take hold of you and you will resent its absence."
As we round the decade and head straight into the world of Tank Girl.
Anyone care to explain me how to extract water from the human body? For scientific purposes of course
this post was submitted on 15 Nov 2024
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