[bagels]

Simple google search, first article:

http://www.webmd.com/mental-health/addiction/features/12-hea...

Anemia, Cancer, Cardiovascular Disease (many of them), Cirrhosis, Dementia, Depression, Siezures, Gout, High Blood Pressure, Infectious Diseases, Nerve Damage, Pancreatitis

Also: Obesity, and likely higher risk of falling or other blunt trauma, it's really annoying to those around you, and it's a waste of money.

[hueving]

Everything is correct except for the last two. Only some people are annoying when drunk. It's also not a waste of money if you are intentionally consuming it for its effects. If that's a waste of money, so is every experience you pay for (travel, amusement parks, donkey shows, etc).