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November 23, 2017 | Water: The Next Battle Ground

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Clean water is the most valuable resource on earth, allowing for-profit-companies to take it for next to nothing must end. When the asset is properly valued, many of the current business uses will be uneconomical and cease, and that is necessary.  Individual communities must tune in to this issue.

A Michigan township has temporarily blocked Nestlé’s attempt to pump millions of litres of groundwater for bottled water — the latest in a trend of municipalities engaged in legal battles with the world’s largest food and beverage company.

Nestlé is seeking to build a pipeline booster pumping station near Evart, Mich., in an effort to supply more water to its plant in Standwood, more than 50 kilometres away.  Here is a direct video link.

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November 23rd, 2017

Posted In: Juggling Dynamite

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