Investors warm to water as shortages mount - Reuters

[Eugene]

Source: Reuters

Investors warm to water as shortages mount
Wed Mar 19, 2008 9:42am EDT

By Gerard Wynn

LONDON (Reuters) - As liquidity is drained from credit
and money markets and pours into oil and gold, another
asset class that could offer long-term returns to the
discerning investor is water.

Water shortages are on the rise -- stemming from soaring
demand, growing populations, rising living standards and
changing diets. A lack of supply is compounded by
pollution and climate change.

Investors are mobilizing funds to buy the assets that
control water and improve supplies, especially in
developing countries such as China where urban
populations are booming, further tightening supply.

"Many of these cities have tripled in size in the last
10 years so there's just an unaddressed need, there's an
enormous opportunity for investment," said Kimberly Tara,
chief executive of commodities investor FourWinds Capital
Management.

-snip-

Read more: http://www.reuters.com/article/environmentNews/idUSL1256474720080319

[phantom power]

1. ummmm... uh oh.

[kestrel91316]

2. Drinking water and air to breathe are fundamental human rights.

They are NOT commodities for profit. THIS MUST STOP RIGHT NOW.

[soothsayer]

3. yep. it's despicable! monsanto has been buying up water rights around the world

[Quantess]

4. This sounds ominous. K & R

I don't have anything clever to say about this.

[Nihil]

5. Rec #5 for the memory of homo non-sapiens ...

> Investors are mobilizing funds to buy the assets that
> control water and improve supplies, especially in
> developing countries such as China where urban
> populations are booming, further tightening supply.

They are coldly & deliberately taking control of the ability
to survive. Not content with merely exploiting the vulnerable,
they are now playing at being "gods".

> "Many of these cities have tripled in size in the last
> 10 years so there's just an unaddressed need, there's an
> enormous opportunity for investment," said Kimberly Tara,
> chief executive of commodities investor FourWinds Capital
> Management.

Well Kimberly, I hope that your selfish, callous, exploitative
nature rebounds on you while you can still remember the excitement
of discovering the "enormous opportunity" and that *your* suffering
brings you the realisation of the pain you have been causing for
profit over the years.

:grr: