The four-year California drought is causing unparalleled devastation to the region. Analysts at Bank of America Merrill Lynch think it's going to get a lot worse. "We view the unprecedented drought in California as a harbinger of the coming global water crisis," the strategists said this week. "By 2050, 45 percent of projected GDP is at risk, with as many as 50 countries at risk of conflict over water."READ MORE ►
Drought 'a harbinger of the coming global water crisis'