The international news that Rio Verde Foothills has seen its water cut off by the city of Scottsdale is a drama in miniature for how the Arizona Ponzi scheme is going to play out on a larger stage in the coming years.
From the BBC and New York Times, to the Washington Post and local media, Rio Verde Foothills is invariably described as a "town," "suburb," or using typical sales language, "community." The Times even gave "Rio Verde" its own dateline.
In fact, it is a subdivision in the desert of about 2,000 houses ("homes" is sales language) north of Scottsdale. It's a wildcat subdivision, built by several developers who never had to comply with the Groundwater Act, with a "100 year guarantee" of water (itself an elaborate hoax).
As I've warned you for years, the developers are gone to more hospitable climes, leaving the foolhardy owners of these houses holding the bag.