that circumstance is spread kaufman author of bet the farm how food stop being food fred welcome thanks part how are you i couldn't be better because you're here we get to talk about something everybody needs and that water this brecht's that circumstance we raised a few weeks ago on the show just briefly because it appears that there's some chemicals that are needed to clean the water but give us the lowdown on what's happening what's happening is that increasingly we're seeing a financialization of the entire water sector the european union has been governing that financialization other words the meter rates the waste water infrastructure with bracks at the european union will no longer be involved this is going to have all sorts of interesting ramifications the utility rates that are set for every five years and it's conceivable that those rates are going to go up that investment in those rates might increase as an end as a hedge against inflation or going to see a lot more action...