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Water wars, fiscal deficits and investing in extinction

Stacy Summary:  First, some info on guest confirmed for next On the Edge – we have Karl Denninger.   Next, here are the headlines I am reading this morning . . . when supply and demand gets ugly.

The Organisation for Economic Cooperation and Development has also made grim predictions about the state of Britain’s public finances. It is forecasting the fiscal deficit next year will climb to 14pc of GDP, higher than Ireland or Iceland, and the worst in the industrialised world.

Updates:

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