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Anonymous

18 Dec 2020

∙

General Investing

Saw a piece of news sharing that 'Water Begins Trading on Wall Street in the Futures Market for Fear of Shortages'. Any thoughts on this and the ethics involved?

https://www.entrepreneur.com/article/361135
"Starting this week, water will be traded on the Wall Street commodities futures market, due to its scarcity. The price of the vital liquid will fluctuate just like oil, gold or wheat, CME Group reported."

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Jing Wei

18 Dec 2020

Wall street only cares about profits and commissions. They probably saw a huge opportunity in water trading that’s why there is a financial instrument specifically for water.

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Wrong Sean

18 Dec 2020

Willing buyer, willing seller.
Everything has a price.
Especially something as critical as water.

Mad Max Fury Road?

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