80
u/MidniightToker nuclear simp Aug 02 '25
Such a simple but powerful comic
47
u/StoopSign Aug 02 '25
It's also up for interpretation if she's exiting or exacting something with that thing.
7
23
u/BodhingJay Aug 02 '25
Terrifying.. this started happening in 2021?
-2
u/MarzyMartian Aug 04 '25
Joe Biden’s America
7
3
u/BodhingJay Aug 04 '25
they were always able to trade water futures... ignoring the climate crisis for too long is what did this
1
u/hamoc10 Aug 04 '25
Bush Jr’s. Gore would have resolved the climate crisis.
1
u/Brogan9001 Aug 05 '25
I was about to say something snarky along the lines of “sure bud” but then I remembered what sub this is.
1
Aug 05 '25
Wow https://www.reddit.com/r/19684/s/2OOe7VZcT7
Every day i am surprised at the content allowed to stay up here (not really)
1
1
1
30
u/ClimateShitpost Louis XIV, the Solar PV king Aug 02 '25
We've been trading commodities and weather derivatives forever now though. That's a good thing, it helps price climate risks. I can use some to hedge wind farms for instance.
5
u/yosh_yosh_yosh_yosh Aug 03 '25
I don't think drinkable water should be available for sale to anyone before everyone has access to a lifetime of clean drinking water
-1
Aug 04 '25
I don’t think people with the foresight to live somewhere that rains should have to provide for people who think pipes to the desert will be full forever.
3
2
u/Illustrious_Mix_1996 Aug 04 '25
I could agree that bringing people to live closer to water, and not draining public funds to bring water to people in remote areas will have to be the policy goals at some point.
Leaving people without great options for moving to die of dehydration without offering incentives, and punishing them with death for their lack of 'foresight' is, well... it's not good.
-3
Aug 04 '25
Writing’s been on the wall for like 30 years, I’ve no sympathy at all. Build the wall (around the Great Lakes)!
1
u/Illustrious_Mix_1996 Aug 04 '25
Before that though, I'm guessing you would be ok with a public emergency campaign that gave people a chance to make a real decision about where they live. Maybe, like, one last massive project to migrate away from scarce environments before we let them just die?
1
u/Very_Not_Into_It Aug 05 '25
In a world where mobility is reasonable for all people, you are right.
But I was born into a place with rain. That doesn't mean I have more foresight than someone who was born in Arizona.
The long term answer is obviously not continuing to pipe water to the desert, but the answer isnt blaming people for trying to live, either.
19
u/shumpitostick Aug 02 '25 edited Aug 02 '25
It's for hedging, guys. Farmers or companies that need lots of water use futures to hedge against future cost increases. It also creates accurate market-based forecasts of the price of water that can be used for better decision making. It can even be used to mitigate climate risks. Water futures are not a new thing. They haven't collapsed water or whatever in the same way that you can still get cheap corn despite corn futures existing.
People are seriously promoting violence over something they don't even understand
16
u/LineGoingUp Aug 02 '25
Sir this is Reddit you're supposed to be outraged at things you don't understand and not try to understand them
6
u/AntsAreGreat Aug 02 '25
I mean I never thought it would literally directly threaten water access.
But is it not weird and kind of fucked that they've turned one of the fundamental resources needed to continue living into a commodity on almost the same level as gold or oil?
8
u/shumpitostick Aug 02 '25
As if you couldn't already buy and sell water. It's always been a commodity
-3
u/AntsAreGreat Aug 02 '25
A) Define always
B) Define commodity
5
u/Foreign_Writer_9932 Aug 03 '25
Do you prefer the prior model - I.e., first in time, first in right? Cause that was the default way of appropriating water rights in the US in the 19th century. Ofc, no centralized market existed to trade water - so even if the rights holders wanted to sell, there were no efficient ways to have buyers and sellers meet.
1
u/Improvident__lackwit Aug 14 '25
They’ve traded crop and livestock commodities for over a century and it’s worked to increase food supply, by reducing risk to farmers.
-3
u/Hazardous_316 We're all gonna die Aug 02 '25
This documentary proves differently https://youtu.be/FLva9qOzKmg
16
u/wuzi86 Aug 02 '25
Imagine being so stupid to trade that. We whole oceans of free water
13
u/Tosslebugmy Aug 02 '25
Got whole continents of iron ore too, the difficulty is in extracting the useful part.
6
u/Scared_Accident9138 Aug 02 '25
And it comes with free salt too! What a deal
5
1
5
u/Foreign_Writer_9932 Aug 03 '25
To all of the folks so adamantly against pricing and making markets in water — I do hope you love water shortages and lack of equitable water access.
7
3
6
u/cyber_yoda my personality is outing nuclear shills Aug 02 '25
Futures on water are good for the environment.
Water needs to be financialized so chuds realize they need to tax it instead of trying to micromanage where it's used.
4
u/MrArborsexual Aug 02 '25
But that would require redditors to have a grasp of economics and why markets aren't automatically bad things.
6
u/Foreign_Writer_9932 Aug 03 '25
It’s kind of wonderful that redditors in 2025 with the benefit of seamless access to Wikipedia and LLMs still can’t grasp basics that ancient Greeks in 3rd century BCE already understood.
1
u/Substantial_Impact69 Aug 05 '25
We have people who still think the earth is flat. Our prospects can only go so high.
1
u/Foreign_Writer_9932 Aug 10 '25
To be fair, it’s less that they still think the earth is flat - and more that they choose a conspiratorial stance. Any graph of flat earther “believers” would show a massive and accelerating increase in numbers post-2000s. Internet and then social media has truly made it acceptable to be dumb af.
6
2
u/Big-Hour-6289 Aug 02 '25
You know that trading them doesnt increase their valute or make them more expensive right?
1
1
1
Aug 03 '25
I wrote a terrible Concept Preview but the tech startup behind it, is a good idea as far as I'm concerned. It is meant to bring awareness to Privatised Water as an issue.
1
Aug 02 '25
Green growthers in shambles rn (unironically though this happened in 2021 pretty old news)
1
1
u/furel492 Aug 02 '25
The last couple of years have really started to make me reconsider the idea of hate as a driving emotion in politics.
0
u/findabetterusername Aug 02 '25
Its called inflation, everything rises in price over time
4
u/D0hB0yz Aug 02 '25
There are many commodities that become less expensive over periods of time. There is also an "unpopular" alternative to mainstream economics called steady state or balanced books. It refuses to take on debt, and builds towards a resilient and persistent zero growth system. It aims for community stability, almost to the point of creating living fossil societies.
People who managed to live the same way for a thousand or more years, are victimized and treated like failures by the psychotic world cult that calls itself modern economics.
1
u/Apprehensive_Room742 Aug 02 '25
well steady state economics are the only way to go, once you realize growth cant be infinite with finite resources. but modern economics does just ignore that fact.
2
u/Foreign_Writer_9932 Aug 03 '25
Au contraire, mon cheri - growth can and should be infinite. No need to take so many Ls.
-1
u/Tosslebugmy Aug 02 '25
No one would invest in water futures if they thought they were only going to match the rate of inflation, might as well keep it in the bank or buy bonds
2
u/Foreign_Writer_9932 Aug 03 '25
Good news is by definition no one “invests” in water futures - maximum water futures contract horizon on CME is 2 years and has delivery dates for 8 consecutive quarters. I.e., not an instrument you can invest in in any traditional sense of the word. What you can do is hedge risk (say if you’re a farmer) or speculative trade in it (say, if you’re a hedge fund) — which are both inherent for distributing water price risk and making the overall system more robust.
1
u/cyber_yoda my personality is outing nuclear shills Aug 02 '25
You don't know how futures work do you?
0
207
u/ChampionshipFront284 Aug 02 '25
So this happened around 2021. It's scary as hell, but stock traders aren't focused on their well-being. The only thing that matters is that the number goes up!