This Is Bad: We're Heading for 'Water Bankruptcy'

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Miyun Reservoir

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One of the few positive consequences of the current economic meltdown is that people are consuming less and therefore the resources we have will last a tiny bit longer than they would have in good times.  In an era of increased scarcity this is not a small consolation.  Economic collapse is much easier to reverse or arrest than ecological collapse.  That said, we still may be facing big problems.  You may want to have a drink after you read this piece.