EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Friday, May 20, 2005

Americans Steal Water from Russia

Canadians have long feared that Americans would come up to Canada and steal our water. But I guess our strong national defence scared them off, so they went to Russia to steal water instead. [h/t to Canadian Econoview]


A Russian village has been left baffled after its lake disappeared overnight.

NTV television has shown pictures of a giant muddy hole bathed in summer sun, while fishermen from the village of Bolotnikovo look on disconsolately.

Dmitry Zaitsev, a local Emergencies Ministry official, says trees also disappeared under the ground as the lake emptied near the Volga river, east of Moscow.

"It is very dangerous. If a person had been in this disaster, he would have had almost no chance of survival," he said.

He says water in the lake might have been sucked into an underground water-course or cave system but some villagers have more sinister explanations.

One older woman has told NTV she believes the Americans have finally been able to hit them where it hurts.

"I am thinking, well, America has finally got to us," she said as she sat on the ground outside her house.

 
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