http://lewrockwell.com/rep2/water-crisis-coming.html
25 Signs That a Horrific Global Water Crisis Is Coming
Economic Collapse Blog
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#3 Since 1998, the level of water in Lake Mead has plunged by more than 50 percent. Lake Mead supplies about 85 percent of the water used in Las Vegas, and at this point the lake has 5.6 trillion gallons less water than it used to have. Lake Mead is falling so fast that some believe that the Hoover dam could actually stop producing electricity in a few years. Needless to say, that would be a total disaster for that entire region of the country. In addition, if things continue at the current pace, it is being estimated that Lake Mead will run completely dry some time around the year 2021.
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I can attest to the drop in Lake Meade.
When I first visited in the 70’s, it was “full to the brim”. Each visit in subsequent years, you could see more and more of the “bathtub ring”.
Tragedy of the Commons?
If it was privately owned, prices would have been raised to preserve the resource.
Because it’s “publicly owned”, it’ll be drained dry.
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