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China Has Lost 55% Of Its Most Valuable Resource

Tyler Durden's picture




 

Submitted by Simon Black of Sovereign Man blog,

A few days ago I had a conversation with the Chief Operating Officer for our agricultural fund in Chile.

We were discussing water, and he told me that roughly 60% of California right now is suffering “extreme drought” conditions. 30% of the state is in “severe drought”. And 10% of the state is only under “drought”.

In other words, roughly the entire state - the 8th largest economy in the world – is facing a severe shortage of water.

But if you think that’s bad, China is about to take over the spotlight yet again.

A study by China’s Ministry of Water Resources found that approximately 55% of China’s 50,000 rivers that existed in the 1990s have disappeared.

Moreover, China is over-exploiting its groundwater by 22 billion cubic meters per year; yet its per-capita water consumption is less than one third of the global average.

This is astounding data.

More than 400 major cities in China are short of water, with some 110 facing “serious scarcity”.

Beijing and other northern cities get most of their water from underground aquifers. Over the last five decades, China has had to drill increasingly deeper to gain access to water.

Another challenge China faces is logistics. More than 60% of China’s water is in the southern part of the country, but most of the usage is in the north and along the coastlines.

When you consider that this is a country that has almost one fifth of the world’s population and is soon to become the world’s biggest economy, this is rapidly becoming a global problem.

The Chinese are of course well aware of this and are trying to mitigate the consequences by diversifying internationally, or as I call, planting multiple flags.

In China’s case, it’s a ‘water flag’.

Since the most efficient way to save water is not to use it, a sensible strategy is to import water-intensive goods and commodities. Corn and wheat are great examples.

China has been acquiring land across Africa and South America; last week when I was in Ethiopia, the place was crawling with Chinese delegates in the ag business.

The goal is to increase China’s food supply, reduce its dependence on the US for grain imports, and reduce its domestic water demand.

China has the economic capacity to do this. Most nations don’t.

Globally, some two billion people face a water deficit, and dozens of countries have to import water.

Throughout history, water has been the most important resource in the world and a major cause for conflict.

As far back as the ancient Sumerians, wars would break out over control of water supplies in Mesopotamia.

Today, 47% of the world’s non-polar land mass is supplied by rivers shared by two or more states simultaneously. This is an always present but latent source of potential conflict.

We can see that in South East Asia where the Mekong countries bicker over who has the right to build dams and otherwise exploit the river.

All of those countries, plus Bangladesh, India and Myanmar are furious with China’s plans to commandeer more of upstream river sources for itself.

In Ethiopia, where I was just a few days ago, the Grand Ethiopian Renaissance Dam project on the Blue Nile is causing a major diplomatic row with Egypt.

The Egyptians see themselves as the historical “rightful owners” of the Nile River, and they’re in desperate need of the water.

Water availability has enormous political, military, economic, and social implications. And it’s foolish to simply sweep this reality under the rug.

My guess is that tens of thousands of our readers may live in a city experiencing severe water shortages. It’s easy to ignore the problem and trust politicians to fix it. But this is a dangerous course of action.

First of all, stock up. Water keeps, so you won’t be worse off for having a little extra in case there’s a small disruption.

Bigger picture, it may make sense to consider a small bolt hole in a country with abundant per-capita water resources (Georgia, Uruguay, parts of Chile, etc.)

And for investors, owning productive agricultural property in these locations will likely prove to be an excellent investment as farmland in many parts of the world dries up.

More on that another time.

 

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Tue, 08/26/2014 - 14:48 | 5146005 JustObserving
JustObserving's picture

There will be massive food inflation but the geniuses at the US BLS will easily fix that. BTW, GMO foods require twice as much water. Half for the food and half to poison you with.

Tue, 08/26/2014 - 14:51 | 5146026 ACP
ACP's picture

Speaking of droughts, if you want an entire plane to yourself, fly Malaysia air:

http://nypost.com/2014/08/26/malaysian-airlines-is-now-a-flying-ghost-town/

 

Tue, 08/26/2014 - 15:05 | 5146096 Pool Shark
Pool Shark's picture

 

 

"China Has Lost 55% Of Its Most Valuable Resource."

Well, they need to retrace their steps and try to remember where they last saw them... they'll turn up eventually...

Tue, 08/26/2014 - 15:15 | 5146141 AssFire
AssFire's picture

Bullshit doom and gloom....Yes, same thing happened here 50-70 years ago: Dams; the USA now has about 60,000 of them.

So it is retained water, not lost resources.

Tue, 08/26/2014 - 15:16 | 5146146 Pool Shark
Pool Shark's picture

 

 

Now that you mention it, I think Janet Yellen has a lot of retained water. Maybe we should fly her to California...

 

 

Tue, 08/26/2014 - 15:21 | 5146173 TheFourthStooge-ing
Tue, 08/26/2014 - 19:26 | 5147106 nmewn
nmewn's picture

lol.

Tue, 08/26/2014 - 20:01 | 5147199 Pinch
Pinch's picture

The emerging worldwide droughts are linked to global warming, but of course the deniers here at ZH never mention it. Idiots.

Mark me down, tools.

Wed, 08/27/2014 - 07:01 | 5148333 Ginsengbull
Ginsengbull's picture

Inland China has been desert for a long time.

 

Thousands of years.

 

Global warming...idiots.

Tue, 08/26/2014 - 15:35 | 5146234 LFMayor
LFMayor's picture

Dune.  Arrakis.  Desert Planet.

Her water debt will be paid to the sept.

Tue, 08/26/2014 - 16:55 | 5146542 Spumoni
Spumoni's picture

Where's Tank Girl when you need her?

Tue, 08/26/2014 - 15:45 | 5146269 roadhazard
roadhazard's picture

Yep, Three Gorges dam absorbed a bunch of them.

Tue, 08/26/2014 - 16:31 | 5146439 magnetosphere
magnetosphere's picture

moreover if a river disappears it doesn't mean it stopped raining.  maybe the water is being used instead of running into the ocean. 

Tue, 08/26/2014 - 17:31 | 5146709 SAT 800
SAT 800's picture

Losing your car keys is one thing; but losing a river, that's darned careless.

Tue, 08/26/2014 - 17:38 | 5146754 giggler321
giggler321's picture

Well u can kind of understand it - I mean with all those dead pigs and rivers of blood, it is hard not to miss the water

Tue, 08/26/2014 - 19:07 | 5147040 Oldrepublic
Oldrepublic's picture

Am Australian woman was recently raped on a half empty KL to Paris Malaysian air flight by the Chief steward. He now awaiting trial in a Paris prison

Tue, 08/26/2014 - 14:59 | 5146067 Paveway IV
Paveway IV's picture

Kind of like the CDC 'fixing' studies that proved a four-fold increase in autism from vaccinations? You know - the explosive whistleblower revelations a couple of days ago?? Hey, if CNN censors the subject, then it's worth reporting. 

Tue, 08/26/2014 - 15:03 | 5146089 JustObserving
JustObserving's picture

Autism caused by MMR vaccine: CDC cover-up exposed by CDC whistleblower

Autism rates are increasing drastically and so is the $52 billionvaccine industry. But now, CDC whistleblower Dr. William Thompson has broken his silence and come forward to reveal the truth about theMMR vaccine (measles-mumps-rubella vaccination) and autism connection. According to a Global Research report on Aug. 23, CNN deleted the extremely “news worthy” story about Dr. William Thompson.


http://www.examiner.com/article/autism-caused-by-mmr-vaccine-cdc-cover-u...

Tue, 08/26/2014 - 15:07 | 5146118 Paveway IV
Paveway IV's picture

Autism... Thirst... 

I would have to go with China on this one. I'm pretty sure the Communist Party of China would blush at CNN's awkward censorship attempts.

Tue, 08/26/2014 - 15:13 | 5146137 Its_the_economy...
Its_the_economy_stupid's picture

These Assholes (CDC) would have you believe that there is no money in vaccines, that the government has to exhort Big Pharma to even make the shit, and that this is a big, misunderstood global-sized altruistic endeavor.

I say follow the money.....find the truth.

Tue, 08/26/2014 - 15:20 | 5146162 Pool Shark
Pool Shark's picture

 

 

Funny how a completely preventable disease like AIDS gets all the attention, research and money; while Autism (which will affect 1 in very 104 boys) gets covered-up by CDC.

Imagine if it were discovered that a commonly-administered drug were causing people to contract AIDS, and the CDC were caught covering-up that fact...

Evil bastards...

 

Tue, 08/26/2014 - 15:21 | 5146170 JustObserving
JustObserving's picture

Autism rate in USA now is 1 in 42 children per Stephanie Seneff of MIT.  She predicts 1 in 2 children will be autistic by 2025,  Don Huber of Purdue predicts that by 2020.

Boys are 3 times more likely to be autistic than girls.

Tue, 08/26/2014 - 15:28 | 5146205 froze25
froze25's picture

Boys have a weaker blood brain barrier than girls do at that early age.  That maybe a factor. 

Tue, 08/26/2014 - 15:33 | 5146221 LFMayor
LFMayor's picture

Goink a Palooza.

Bullish for car magnets and telethons and ice-water challenges.

Tue, 08/26/2014 - 17:51 | 5146824 Freddie
Freddie's picture

I would not believe any statistics from ANY US universities.  The corruption with research grants in US universities is mind boggling.  Hundreds of billions usualy for worthless research and projects.  This includes the top schools medical and biotech research.   

Tue, 08/26/2014 - 20:55 | 5147347 Overfed
Overfed's picture

My stepson is (high-functioning) autistic. He was perfectly normal until after....wait for it....a round of vaccinations around age four or five. It's a tough choice; take your chances with dread diseases or risk making your kid autistic. Too bad people don't really have much of a choice.

Tue, 08/26/2014 - 21:13 | 5147381 Miffed Microbio...
Miffed Microbiologist's picture

I think children are overwhelmingly over vaccinated today.

Today the CDC recommends:

26 doses of 9 vaccines by the first birthday
48 doses of 14 vaccines by age 6
and a total of 70 doses of 16 vaccines by age 18

In 1983, CDC recommended:

11 doses of 4 vaccines by the first birthday
22 doses of 7 vaccines by age 6
and a total of 23 doses of 8 vaccines by age 18

This is wrong. A child's immune system is establishing self vs non self. It is a critically important time in his life. I honestly believe there is a direct correlation to autism. My husband was raised a Christian Scientist and had no vaccinations. He was a healthy farm boy and lived through the mumps. I had every vaccination under the sun and was plagued with asthma and constant colds. Anecdotal? Yes, but more and more research is showing a relationship. Give your child good food, plenty of play outside and if you must vaccinate, do it as late as possible.

Miffed;-)

Tue, 08/26/2014 - 21:16 | 5147393 knukles
knukles's picture

Hoooray!
XOXOXOXOXO

Tue, 08/26/2014 - 23:58 | 5147923 Apply Force
Apply Force's picture

I second that Hooorayy!

Tue, 08/26/2014 - 20:41 | 5147299 luckystars
luckystars's picture

According to Jimstonefreelance.com Jewish kids have a much lower rate, and they go to Jewish clinics for vaccines.

Tue, 08/26/2014 - 15:25 | 5146193 froze25
froze25's picture

Thank you for posting this.  Keep posting it everywhere.  The word must get out this information must become common knowledge.  Big pharmaceutical companies use the medical industry to fear people into early vacation for there kids.  They prey on women through that fear.

Tue, 08/26/2014 - 15:46 | 5146274 Miffed Microbio...
Miffed Microbiologist's picture

Absolutely, considering I am the only one of 40 women at my job who has refused the flu shot for every of my 30 years of employment, I have firsthand experience with the fear tactics. They have now morphed into bullying. Every year it gets worse. But I won't back down.

It's a lonely road being a thinking, confident woman. Most women shun and despise you and men can't believe you exist.

Miffed;-)

Tue, 08/26/2014 - 18:39 | 5146944 Freddie
Freddie's picture

Hang in there.  Your husband sounds like he is a lucky guy.  I remember getting the same type of pressure to donate to The United Way.  Obviously, your situation is a lot different and more serious.   I was told my career path would be affected at the time.   

Men having to work with women in a corporate environment is often miserable. Women working with women is many cases is usually much worse.

Tue, 08/26/2014 - 18:56 | 5146991 Miffed Microbio...
Miffed Microbiologist's picture

Thanks Freddie,

I am so fortunate my husband is my best friend and has supported me all these years. I am honored to have the admiration of a good man and strive to keep it.

He suffers a lot from aggressive corporate women at his workplace who want the power but none of the responsibility to get a product out to customers in a timely manner. Working as a productive member in a team seems to be a challenge for them as they descend into backstabbing and throwing road blocks when problems emerge. Funny how they rarely take the initiative to solve these problems but are quick to hurl accusations at everyone. My husband often comes home so stressed I'm amazed we don't have multiple fist holes in our walls. I work endlessly trying to help him deal with them but I think he just wishes they would quit.

I, myself, work only with women. I am a Testiment that one can work without being under the influence of drugs, legal or not and have the intestinal fortitude not to go Postal under extreme duress.

Miffed;-)

Tue, 08/26/2014 - 19:34 | 5147139 the misanthrope
the misanthrope's picture

Logged in to say I appreciate your postings..... thanks. always good to read your comments. all the best.

Tue, 08/26/2014 - 21:21 | 5147360 Ionic Equilibria
Ionic Equilibria's picture

Hi MM.  Are you familiar with David Skuse's work on sexual dimorhphism in human behavior?  

Tue, 08/26/2014 - 23:27 | 5147833 Miffed Microbio...
Miffed Microbiologist's picture

Actually no but I do have a fascination with neuroscience and epigenetics. I am currently reading Buddhas Brain and Hardwiring Happiness. This man sounds up my alley. Thanks ;-)

Miffed;-)

Tue, 08/26/2014 - 21:19 | 5147398 Freddie
Freddie's picture

I, myself, work only with women. I am a Testiment that one can work without being under the influence of drugs, legal or not and have the intestinal fortitude not to go Postal under extreme duress.

LOL!

Many years ago, my single mom worked in an office and she was older.  The younger women were often very cruel and mean.   Try to get your husband to channel that stress to another place.   

Hedge fund manager Ray Dalio (the biggest and one of the best in the world) swears by Trans Meditation.  He is also one of a few hedge fund managers who is not a creep.  TM can lower blood pressure and many other good things.  All the best and I enjoy your posts.

Tue, 08/26/2014 - 21:58 | 5147529 bh2
bh2's picture

But, but, but ... women are reputed to be so naturally cooperative and caring compared to men in the workplace. Come to think of it, though, the only persons I recall making that claim have been women.

Tue, 08/26/2014 - 16:20 | 5146390 Radical Marijuana
Radical Marijuana's picture

Pretty well every effort to predict the future 20 or more years from now runs into the problem that the following charts are probably too optimistic:

http://gailtheactuary.files.wordpress.com/2013/05/shape-of-typical-secul...

http://www.marijuanaparty.ca/IMG/png/limits-to-growth-forecast.png

Almost every issue one considers, from water resources to autism rates, follows basically similar patterns, where attempting to extrapolate a few decades LINEARLY results in rampant absurdities.

Although water is a renewable resource, the rates of use have been exponentially increasing, while our kind of civilization has no rational ways to cope with running into the real limits of being able to continue to do that, especially since our political processes are dominated by those with the most money, who were able to systematically distort everything in order to privatized the profits, while socializing the losses.

In that context, every kind of pollution tends to be systematically discounted, because those making the money from the processes which cause that pollution are able to then dominate the funding of the politics, in order to continue to allow them to behave in ways which are overall insane for everyone, even themselves too in the longer term, since their children are also vulnerable to the systematic accumulation of every kind of pollution, which can result in organic damage to the developing brains.

I am not aware of the statistics of the effects of pollution on Chinese children, however, there are lots of indications that China's economic growth was based on deliberate ignorance towards their pollution problems. China was forced to imitate Western powers, and now is approach various points of manifesting even greater levels of collective social insanities than Western countries do. For instance, China has made far more "money" out of nothing than any Western country. That kind of fundamentally fraudulent financial accounting system does its best to deliberately ignore the basic laws of nature.

REPEATING THE PAINFULLY OBVIOUS:

Every social institution has been systematically corrupted, and driven crazy, by them all operating through fundamentally fraudulent financial accounting systems, whose most important vicious feedback loops were through the funding of the politics.

Since the basic system of being able to make "money" out of nothing flows through the nexus of the funding of the political processes, to become the worst manifestation of privatizing the profits, while socializing the losses, being able to make "money" out of nothing drives social polarization, which then perversely enables even more social polarization, since the people privatizing the profits from the activities "paid" for with "money" made out of nothing can dominate the funding of the political processes, in order to insure that even more legalized lies are backed up with more legalized violence. Meanwhile that social polarization driven by a political economy in which "money" is made out of nothing is trumped by the destruction of the natural world, which results from that "money" made out of nothing being able to "pay" for strip-mining the planet's natural resources. In that sense, I see the links between the limits to the rates of renewability of water, and every other different way in which attitudes of evil deliberate ignorance operate with respect to the longer term consequences of pollution. However, I am not able to imagine any practical way to fix that problem caused by the vicious spirals of the profits from frauds being able to be reinvested in more frauds, through the funding of the political processes.

The central social fact is that our political economy is based on making "money" out of nothing to "pay" for everything, in ways which result in people disregarding the reality of natural world, in which nothing can be made out of nothing, and everything produced ends up as some form of pollution, which should not be ignored, but tends to be as deliberately ignored as it is human possible to do ... since the privatization of profits, and socialization of losses, is the crucial feature of our current economic system, which is stuck in vicious deepening ruts due to the funding of the political processes.

After facing that central social fact that our financial accounting system is fundamentally fraudulent, the next set of questions are the degrees of malice behind having made and maintained that system. These days, my answers tend to be that that the established systems have become such runaway vicious spirals of the "success" of backing up lies with violence that the accumulating levels of malice are practically demonic:

Question the disease diagnosis: bioweapons?

Tue, 08/26/2014 - 16:54 | 5146535 Freddie
Freddie's picture

Jerry Brown said California is totally open to any and all illegals.  The Mexican President called California the other Mexico.

Nice job liberals and any Democrats still posting here.  A big F you docuhebags.  Let California eat cake.

Tue, 08/26/2014 - 17:08 | 5146608 Spumoni
Spumoni's picture

"Nice job liberals and any Democrats still posting here.  A big F you docuhebags.  Let California eat cake."

 

The idiocracy is real, and you're living proof. Be sure and let your grocer know how you feel when all the LibDems in Cali stop shipping your food across the country so that your sorry ass doesn't starve. I admit to understanding your disdain about Democraps - hard to tell them apart from Repugnants these days. Trouble is, fool, you and your kind just don't get it (and I'm not going to make it easy for you). Keep drinking the kool-aid that your political masters give you. Keep ignoring history. Keep avoiding training your mind to think critically. You'll be a corpse in the first wave, and the rest of us won't have to put up with your stupid tomfuckery anymore. 

The planet's future is reserved for those who understand that their personal idea-set is only a little thimblefull of the ocean, and that no one group has it all figured out. The predominant religious-political groups currently inhabiting this rock are slated for self- annihilation. Thanks for being a shining example of an endangered species.

Tue, 08/26/2014 - 18:30 | 5146930 sheikurbootie
sheikurbootie's picture

Please shake and bake California out of existence.  What a shit hole. 

Tue, 08/26/2014 - 14:47 | 5146014 Al Huxley
Al Huxley's picture

Interesting, except for the plug at the end.

Tue, 08/26/2014 - 14:50 | 5146023 Ness.
Ness.'s picture

Soooo, no #IceBucketChallenge's going on in China these days?

Tue, 08/26/2014 - 21:15 | 5147390 Ginsengbull
Ginsengbull's picture

Seeing pictures of ice bucket challenge probably demoralizes a lot of people in the middle east.

Wed, 08/27/2014 - 06:01 | 5148276 tonyw
tonyw's picture

since the infrastructure has been destroyed and water is very scarce not to be wasted, the palestinians are doing a bucket of rubble.

Wed, 08/27/2014 - 06:50 | 5148323 Ginsengbull
Ginsengbull's picture

Very sick thought.

 

+1

Tue, 08/26/2014 - 14:51 | 5146027 NYPoke
NYPoke's picture

#OverConsumption

Tue, 08/26/2014 - 14:57 | 5146061 Kirk2NCC1701
Kirk2NCC1701's picture

Symptomatic of "FINITE PLANET and FINITE RESOURCES meets INFINITE APPETITES".

"Something's Gotta Give"

Tue, 08/26/2014 - 14:51 | 5146031 magnetosphere
magnetosphere's picture

is it possible that no one has ever told this author that water is a renewable resource?

Tue, 08/26/2014 - 15:32 | 5146219 LFMayor
LFMayor's picture

no man, not true!  Once it goes down the drain ITS GONE!

Tue, 08/26/2014 - 17:15 | 5146642 Spumoni
Spumoni's picture

At any given moment, the atmosphere contains in excess of 415,000,000 cubic kilometers of water, as water vapor. Our era is the first to manufacture condensation coils. Go park your tanker under a thunderstorm. Reduce evaporation by covering aqueducts. Stop polluting the groundwater by fracking, and reducing its availability by causing micro-earthquake swarms. Simple conservation techniques combined with sensible uses of technology result in reduction or elimination of water shortages.

Of course, this also means that politics must be removed from water policy development and management, but I really don't expect much there. For those seeking entertainment, read up on why there is a desal plant at the Yuma border in California. Good ole Nixon! 

Tue, 08/26/2014 - 14:52 | 5146032 Dr Strangemember
Dr Strangemember's picture

no water = chewey rice

Tue, 08/26/2014 - 14:52 | 5146036 fooshorter
fooshorter's picture

China wins against the USA again!

Do you even superpower bro!?

 

Tue, 08/26/2014 - 14:53 | 5146037 NOTaREALmerican
NOTaREALmerican's picture

Just another goddamn commy watermelon pushing for more government regulations on private water !    You see the goddamn Chinese pushing their environmental regulations downs everybody throats?   No you don't,  that's why they are overtaking us in the race for world domination.   And it's because these goddamn eco pansies want everybody to ride in buses so we can all sing Kumbaya together like a bunch of goddamn liberal pansies that's what this nation is coming.   You figure it out.

Tue, 08/26/2014 - 15:01 | 5146083 Rockfish
Rockfish's picture

Than go to China and breath the air and drink the water of your ideal. 

Tue, 08/26/2014 - 15:02 | 5146088 NOTaREALmerican
NOTaREALmerican's picture

Get a goddamn haircut you hippy! 

Tue, 08/26/2014 - 15:07 | 5146100 Rockfish
Rockfish's picture

ouch!

NOTaREALmerican Stating the obvious. 

Tue, 08/26/2014 - 17:26 | 5146690 Spumoni
Spumoni's picture

I did figure it out, but I couldn't see the building in Beijing because of the smog. I tried fishing, but they were all dead from the hexacholrowhateverthe fuck it was that some unregulated factory dumped in the rivers. My buddies downstream all died from the poison, but nobody went to jail (sound familiar?). So I went back to the 1920's - urban life for me...but everyone was dying from malaria, scarlet fever, polio, dysentery, whooping cough, Spanish Flu, measles, god knows what else. Of course, they didn't know about vaccines then, let alone mandate them to prevent public health hazards and epidemics. There wasn't much for dealing with human and animal waste either, which made that Sunday morning walk downtown not really an option, as it all ran in the gutters. Much the way most of the Third World lives today, funny enough.

Required reading for anyone interested in a slightly more enlightened view: Lewis Mumford's "The Brown years".

As for the rest of you malcontents, the problem isn't where we came from - its where we are, right here, easily observed and dealt with on some level or another. Of course, you can go ahead and move to China if you like, but you won't be able to post your ill-advised and ignorant stupidities on the web. You'll be packed off to a camp for organ harvesting, hard labor or just summarily executed, but you know - feel free to choose that. Because your name really says it all - you damned sure ain't a real American. You're a festering turd bitching about your own stink.

 

Tue, 08/26/2014 - 18:41 | 5146962 FredFlintstone
FredFlintstone's picture

I thought he was the grand master of sarcasm.

Tue, 08/26/2014 - 21:12 | 5147376 Ginsengbull
Ginsengbull's picture

World domination?

 

They can't even dominate their own back yard.

Tue, 08/26/2014 - 14:54 | 5146049 Duc888
Duc888's picture

We live on a water planet. We could "solve" this problem in about 3-5 years without even breaking a sweat..

Tue, 08/26/2014 - 14:56 | 5146054 reader2010
reader2010's picture

To destroy your biosphere for imaginary wealth is highly irrational and stupid. Getting rich is not glorious at the expense of your home planet's ecosystem. 

Tue, 08/26/2014 - 15:02 | 5146085 NOTaREALmerican
NOTaREALmerican's picture

Re:  Getting rich is not glorious at the expense of your home planet's ecosystem.

 

Depends..    The planet's ecosystem will last a "long time".   But, an individual only exists for a short period of time.   

If you were an individual with unlimited self-worth and no morals (or lots of duplicity) how much would you take now vs leaving something for others tomorrow? 

Tue, 08/26/2014 - 17:41 | 5146779 Spumoni
Spumoni's picture

Does Wall Street and the Fed have to be part of every conversation on this site?

Tue, 08/26/2014 - 15:00 | 5146055 Mike Masr
Mike Masr's picture

Putin will work out a deal with China to supply Chinese northern territories with Siberian water. 

http://english.pravda.ru/business/finance/18-04-2008/104942-water-0/

 

 

Tue, 08/26/2014 - 14:59 | 5146068 Rockfish
Rockfish's picture

Laissez-faire (/?l?se??f?r-/,French: is an economic environment in which transactions between private parties are free from intrusive governmentrestrictions, tariffs, and subsidies, with only enough regulations to protect property rights.[1] The phraselaissez-faire is French and literally means "let [them] do," but it broadly implies "let it be," "let them do as they will," or "leave it alone."

 

Tue, 08/26/2014 - 19:20 | 5147081 Oldrepublic
Oldrepublic's picture

Entrepreneur is also a French word, but you will not find many now in France!

Tue, 08/26/2014 - 15:40 | 5146076 Chupacabra-322
Chupacabra-322's picture

What? Not enough full Baldders heading over from our Great Lakes from Nestlé?

Tue, 08/26/2014 - 15:00 | 5146079 WelfareFTW
WelfareFTW's picture

sum ting wong, ho le fuk

Tue, 08/26/2014 - 15:06 | 5146084 Kirk2NCC1701
Kirk2NCC1701's picture

Simon, nothing against your fave RE places in far-away places like Georgia or Chile, but... there are STILL very decent and affordable places left in N.Am.  (the REAL North America, i.e. Canada+US). 

E.g., for <$1M you get whole damn TOWN! http://rt.com/news/182476-canada-ghost-town-sale/

I'd pick B.C. over Georgia or Chile any day.

p.s. While you got Yanks traipsing through those countries for "acreage", the Chinese are buying up Canada by the square mile.  Perspective, Simon.  Perspective.

Tue, 08/26/2014 - 15:09 | 5146121 Raoul_Luke
Raoul_Luke's picture

I live in Western PA and we have abundant water.  We've actually had a very wet summer.  It's all just a function of your perspective...

Tue, 08/26/2014 - 15:16 | 5146150 greatbeard
greatbeard's picture

>> Western PA

North Florida.  Temperate, fertile, lots of water.  Small plots are cheap.

Tue, 08/26/2014 - 17:38 | 5146760 Spumoni
Spumoni's picture

Yeah, but there are soooo many Floridians...

Tue, 08/26/2014 - 15:08 | 5146122 NOTaREALmerican
NOTaREALmerican's picture

NZ too.  Lots of water there too.

Tue, 08/26/2014 - 19:25 | 5147093 Oldrepublic
Oldrepublic's picture

The only good thing about Georgia is that everybody can get a 365 day free visa on arrival!

Tue, 08/26/2014 - 15:07 | 5146114 Raoul_Luke
Raoul_Luke's picture

When water gets scarce enough, desalinization will suddenly become affordable.  It's a market bitchez!

Tue, 08/26/2014 - 15:57 | 5146314 Zerozen
Zerozen's picture

Yup, and at the price that it takes to make desalinization affordable, a whole lot of people won't be able to afford to drink or shower. Automatic population control.

Tue, 08/26/2014 - 15:07 | 5146116 Blazed
Blazed's picture

@Kirk,

If they aren't Fukushimed.

Tue, 08/26/2014 - 15:13 | 5146128 Dr. Engali
Dr. Engali's picture

I never understood why man always feels the need to shit where they eat. Sooner or later the earth is going to say enough, and eradicate us as a species. Judging by some of the current events, if say Mother Earth is well on her way.

Tue, 08/26/2014 - 15:17 | 5146149 Rockfish
Rockfish's picture

Dr. the answer to you question is there are still places the TPTB can go providing them the illusion all is well. 

Tue, 08/26/2014 - 15:35 | 5146233 Chupacabra-322
Chupacabra-322's picture

Why yes. Underground to their Tax Slave paid for bunkers of course.

Tue, 08/26/2014 - 17:42 | 5146787 Spumoni
Spumoni's picture

Isn't that how we got lawyers, Engali?

Tue, 08/26/2014 - 18:50 | 5146982 Inbetween is pain
Inbetween is pain's picture

Likewise, it appears the human body was created by a civil engineer.  Who else would put a recreation center right next to a toxic waste dump?

Tue, 08/26/2014 - 15:14 | 5146143 skbull44
skbull44's picture

Apparently, Detroit will have some extra water to export from all those homes whose water is being shut off to its delinquent customers (http://www.zerohedge.com/news/2014-08-26/half-city-residents-delinquent-...)...

http://olduvai.ca

Tue, 08/26/2014 - 15:15 | 5146145 HumanResourceProblem
HumanResourceProblem's picture

Serves em right for damming every river in sight. Four hundred more in the pipeline

Tue, 08/26/2014 - 15:26 | 5146198 NOTaREALmerican
NOTaREALmerican's picture

If we had more dams in California we'd be up to our eyeballs in water but those goddamn eco watermelons don't want to build more dams because of the goddamn fish.   The goddamn Chinese don't care about the goddamn fish, and that's why they are winning the race to world domination because all these goddamn eco-panzies want us to do is drive around in pansy eco-cars like a bunch of goddamn liberals; you see the goddamn Chinese driving around in small ero-pansy car?   No you don't, and you know why? Because they aren't run by a bunch of goddamn lesbians, that's why.   You figure it out! 

Tue, 08/26/2014 - 15:34 | 5146222 Rockfish
Rockfish's picture

No you wouldn't.

Tue, 08/26/2014 - 15:20 | 5146166 blu
blu's picture

Stories like this always make me thirsty for some reason. Anxiety I guess.

Tue, 08/26/2014 - 15:25 | 5146187 youngman
youngman's picture

Down here in Colombia we are building dams all over the place....I think 5 or 6 under construction now....all electrical production as our usuage is going up 15% a year as we grow

Tue, 08/26/2014 - 17:42 | 5146789 SAT 800
SAT 800's picture

Thrilled to hear this. I love hydro-electricity. As an engineer it makes my heart sing. The best technology ever.

Tue, 08/26/2014 - 20:34 | 5147287 Its_the_economy...
Its_the_economy_stupid's picture

"Don't be too proud of this technological terror you've created....

 

https://www.youtube.com/watch?v=Zzs-OvfG8tE

Tue, 08/26/2014 - 15:25 | 5146192 jacship
jacship's picture

Desalinization plants of ocean water

Who do we know on the coast

Ask Welcome Matt Jerry

Tue, 08/26/2014 - 15:27 | 5146196 JenkinsLane
JenkinsLane's picture

All the Chinese need to do is buy Donegal - water problem solved.

Tue, 08/26/2014 - 16:44 | 5146491 Phuk u
Phuk u's picture

Most of this board wont get it Jenks. Fucking funny !

Tue, 08/26/2014 - 15:26 | 5146197 world_debt_slave
world_debt_slave's picture

potable water is a scarce resource to begin with, nations have sqaundered that resource, now with the current drought, nations will fight each other for every last drop.

Tue, 08/26/2014 - 15:39 | 5146244 william114085
Tue, 08/26/2014 - 15:39 | 5146247 Fix It Again Timmy
Fix It Again Timmy's picture

W.C. Fields: "I never drink water because fish function in it."...

Tue, 08/26/2014 - 16:51 | 5146520 Phuk u
Phuk u's picture

W.C fucking brilliant, his best quotes are on alcohol :

I never worry about being driven to drink, I just worry about being driven home.

Priceless.

Tue, 08/26/2014 - 17:51 | 5146821 detached.amusement
detached.amusement's picture

had a similar line to a cop when getting busted for reservoir swimming back in the teen years...."you're swimming in my drinking water, you asshole!"  "well, at least I'm not pissing and shitting in it like the fish are..."  I wasnt going to let my younger brother get busted by himself, otherwise I would have been flipping that fat ass off from the middle of the reservoir.

Wed, 08/27/2014 - 21:25 | 5152125 Zeta Reticuli
Zeta Reticuli's picture

And look what it did to the Titanic.

Tue, 08/26/2014 - 15:51 | 5146292 johnjkiii
johnjkiii's picture

Not to worry, necessity is the mother of invention.

Tue, 08/26/2014 - 15:57 | 5146315 LibertyBear
LibertyBear's picture

Why doesn't China build huge distillation plants next to the ocean? If anybody could do it, it would be China.

Tue, 08/26/2014 - 16:02 | 5146332 carbonmutant
carbonmutant's picture

China needs to discover cheap desalinization...

Tue, 08/26/2014 - 22:15 | 5147595 Freddie
Freddie's picture

It ain't so cheap.  It requires filters that essentially take the salt out.  If you ever owned a pool, you will know waer filters can be a pain in the ass.

Tue, 08/26/2014 - 16:09 | 5146366 Zerozen
Zerozen's picture

In light of this, it seems like the "shitty demographics"/one-child policy of China are actually a well-planned population control experiment - you can't have 1+ billion people, 2% annual population growth, and everyone living a Western lifestyle. You can only pick 2 of the 3. There are hard limits on resource extraction.

Tue, 08/26/2014 - 16:40 | 5146461 Chuck Knoblauch
Chuck Knoblauch's picture

China relies heavily on fresh water imports from the U.S.

I hope they are paying someone for our water.

Alaska and the Great Lakes are 2 sources.

I hope some of it makes its way to the South West states.

Tue, 08/26/2014 - 17:14 | 5146637 Notsobadwlad
Notsobadwlad's picture

I found China's water. It is in the air. It must be 90+% humidity every day.

Tue, 08/26/2014 - 17:59 | 5146851 Skip
Skip's picture

Overpopulation in the United States will become THE single greatest issue facing Americans in the 21st century. We either solve it proactively or nature will solve it brutally for us via water shortages, energy crisis, air pollution, gridlock, species extinction and worse.

U.S. population will double from 300 million to 600 million on its way to 1 billion in the lifetime of a child born today if we fail to change course.(2000)
- Frosty Wooldridge

Tue, 08/26/2014 - 22:18 | 5147605 Freddie
Freddie's picture

Obama, liberals, Democrats and RINOs are solving it with WIDE open borders.  Amerika will be a hell hole sooner than later.

People voted for it in 2008 and 2012.

Tue, 08/26/2014 - 18:46 | 5146972 Inbetween is pain
Inbetween is pain's picture

But Rush Limbaugh says the California Drought is a myth--calls it "junk science."  Just part of the normal cycle.

Tue, 08/26/2014 - 18:56 | 5146994 TrustbutVerify
TrustbutVerify's picture

Good commentary in Barrons a week or so ago on California's water usage.  (Inside back cover.) 

Tue, 08/26/2014 - 19:30 | 5147125 Oldrepublic
Oldrepublic's picture

Now I understand why rich Chinese are bailing out of China as fast as possible, some things like clean water and air are not purchasable at any price

Tue, 08/26/2014 - 21:07 | 5147364 Ginsengbull
Ginsengbull's picture

Filtration is the key.

Tue, 08/26/2014 - 19:59 | 5147191 kumquatsunite
kumquatsunite's picture

Odd how few articles reference "carrying capacity." Were California, for instance, required to be dependant upon its own resources, there would not be more than ten million people there.

As to China, like the movement of any very large object, it is clumsy and clumsy means that China simply can't pull 1 billion people into the 21st century. 

And for anyone who wants to snort at Putin, as that stupid stupid girl from Oboma's state department did recently (the blonde bimbette who hasn't learned how Not to speak like a Valley Girl even when "representing" the White House) when she dismissed Putin, she might want to know that Lake Baikal in Russia is considered one of the deepest and purest and largest lakes in the world. A treasure by anyone's calculation. Of course, Putin knows this which is why all boating is banned on the lake. They are doing what all smart people (and what we used to do) have done for eons, preserving Against the future. 

No farmer would ever eat their seed corn as it would doom them; the US...by way of the decades of communist redistribution...has been eating its seed corn. Never a good idea. It makes the weak weaker and destroys the motivation of the strong.

Tue, 08/26/2014 - 23:13 | 5147795 Freddie
Freddie's picture

Putin and the Russians are serious people.  Lake Baikal is a straegic gem for Russia because water is valuable.  Over 400 hundred miles long and an average of 2,500 feet deep.

Wed, 08/27/2014 - 00:52 | 5147897 Runs-With_Toast
Runs-With_Toast's picture

Putin is very clever. Russia has everything in large amounts.

 

Tue, 08/26/2014 - 23:49 | 5147893 Runs-With_Toast
Runs-With_Toast's picture

We got heaps of water in NZ and Au

 

Wed, 08/27/2014 - 21:33 | 5152165 Zeta Reticuli
Zeta Reticuli's picture

That map is misleading and alarmist. I live in Shandong Province, which is labeled "extreme scarcity". That's nonsense. We don't get much rain, but we have lots of rivers, ponds, and reservoirs. Farmers have centuries old canals that supply abundant water for their very wasteful irrigation methods. In 2009 I traveled a lot in Shandong and Jiangsu Provinces, and I noticed that even with a rercord 50 year drought, the canals were still supplying water to the farmers to flood their fields. Don't believe much of the articles written by outsiders about China. They get paid to bash China and try to make it look bad. Perhaps they are trying to distract from their own country being on a downward spiral.

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