this post was submitted on 15 Nov 2024
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[–] HollowNaught 78 points 11 hours ago (2 children)

Oh

Oh dear

We're fucked, aren't we?

[–] [email protected] 49 points 10 hours ago (1 children)

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.

[–] BenLeMan 6 points 4 hours ago

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".

[–] [email protected] 41 points 10 hours ago (1 children)

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.

[–] [email protected] 2 points 4 hours ago

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.

[–] [email protected] 47 points 11 hours ago (1 children)

They know very well what they're doing.

The water wars started years ago and if you're not Nestle you're already losing.

[–] Frozengyro 15 points 9 hours ago

Nestle would poison every source of water in the world if it meant swelling a few more bottles of water.

[–] [email protected] 27 points 11 hours ago* (last edited 11 hours ago) (1 children)

Says the paper that denied genocide in the 1930s.

[–] TotallynotJessica 34 points 11 hours ago

I'm fairly certain they're denying genocide in the 2020s

[–] [email protected] 18 points 11 hours ago (1 children)
[–] [email protected] 1 points 9 hours ago

We’ll reorient the maps so that the north is west.

[–] TotallynotJessica 16 points 10 hours ago

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.

[–] [email protected] 5 points 9 hours ago

I think I could get used to the taste of human flesh. I hear the 1% are especially tender

[–] frankenswine 9 points 11 hours ago

there's a razor thin line between the top-hat old-school capitalist stereotype and anti-semitic imagery

[–] iAvicenna 6 points 10 hours ago (1 children)

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....

[–] [email protected] 6 points 8 hours ago (1 children)

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

[–] [email protected] 2 points 7 hours ago

I knew that was Climate Town. Great stuff.

[–] Gradually_Adjusting 5 points 10 hours ago

Time to learn moisture farming

[–] MeatPilot 1 points 9 hours ago

As we round the decade and head straight into the world of Tank Girl.