Bottled water, an economic and ecological disaster

Bottled water is considered to be safe by most people, which is a popular myth. The amount of money and resources that are spend to bottle drinking water and transport it around the blob is huge. Studies have shown that with just a fraction of this money we can provide drinking water and sanitation to everyone on earth. At the same time we can reduce that strain that we exert on earth. Are we trying to stimulate the economy by producing more at the cost of our environment?