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document related to world wide water privatisation.

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  • Registered Users Posts: 376 ✭✭Treora


    Tell that to Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays Bank, the Blackstone Group, Allianz, and HSBC Bank and many more.

    Also wealthy tycoons such as T. Boone Pickens, former President George H.W. Bush and his family, Hong Kong’s Li Ka-shing, Philippines’ Manuel V. Pangilinan, other Filipino billionaires and many more, are buying up water systems and technology worldwide.


    People like that buying up water suggests to me that it very much is a controllable resource.

    With Irish Water getting its snout in da-wormal and HSBC getting raided by the Swiss (damn they play it well when London treads on their tax breaks), things will only get drier.

    P.S. decent modding, big improvement. I might look back at this threat every once and a while.


  • Registered Users Posts: 18,996 ✭✭✭✭gozunda


    Hoop66 wrote: »
    Water as a controllable resource? I don't buy it. All you need is a roof and a barrel and you can collect your own. Hell, if you live in Ireland you can become a net exporter.

    I use a grey water system at home, so rainwater and bath runoff is used to flush toilets, water plants etc.

    Rather than view water as a controllable resource, water privatisation is a direct move towards exploiting water users as a direct source of financial wealth. Large financial corporations are currently the main movers and shakers behind the commercialisation of water globally. It could perhaps be viewed as one of the last great shakedowns of citizens as an exploitable resource.

    In a nutshell direct exploitation of natural resources such as oil is becoming increasingly difficult where such resources are scarce, but there remains the potential unlimited income stream through 'tapping' users of less scarce resources such as water.

    http://www.socialistdemocracy.org/WaterChargesPamphlet/AWarningWaterPrivatisationInEnglandAndWales.html

    The last point is that not all countries have the climatic or natural water reserves that are available here but are still open to revenue stream type exploitation by mutltnationals.

    http://www.foodandwaterwatch.org/global/africa/tanzania/tanzania-sued-for-25-million-for-british-water-company-failures/


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