By Patrick M. Sheridan
As
most of us know the world is almost completely covered in water, yet only 2.5%
of that water is fresh water, and only a certain portion of that is actually
drinkable! Wall Street has definitely taken notice many are quickly reaping the
benefits in the investing game due to H2O. Water is an astonishing 600 billion
dollar business, projected to grow to a whopping 1 trillion in just six years!
With the population rising, and our supplies of drinkable water decreasing,
albeit slowly, there is a high potential for "water wars" uprising in
areas like Africa, the Middle East, and Asia. This will do nobody any good, and
is definitely something to watch out for in the future.
For myself, I seriously hope that this means water prices don't spike, as gas has recently does, because I drink upwards of ten bottles of water a day, and if it was any more expensive than it is now I'd be greatly hindered in my water consumption, and we all know how important hydration is! Also regarding the "water wars" I hope that nothing of the sort ever arises, war only causes destruction and anger, instead of having no water, these countries are going to have much less if they engage in these "water wars". Quite frankly it seems incredibly silly, for something that seems so easy, and simply a human right, to have major countries fight over it, but I guess that's what happens in this supply and demand filled world. For everyone's sake, I seriously hope that no "water wars" break out, and that water does not rise in price much higher than what it is right now.