Things are getting crazy on the Colorado River
The Colorado River may not look like it, but it’s one of the world’s largest banks. The river is not only the source of much of the American West’s economic productivity – San Diego, Phoenix and Denver would hardly exist without it – but its water is now the central commodity in a complex accounting system used by major farmers and entire states. … This month, the nation’s largest water agency, the Metropolitan Water District, began what amounts to a run on the bank.