Sorry for the NBC article frens. But it’s about all the criminal networks doing these large smash/grab thefts. The article over all tells about the appalling problem of where things are, and heading with these thefts. The biggest red flag out of this is the cost of the thefts in merchandise $68.9 Billion! Today Revlon of all companies filed for Bankruptcy (article discusses it partly because of BLM, but they aren’t big enough to cause Bankruptcy. And these both came out today). Makeup I’m sure a huge swath of this considering all the Targets, CVS, Walgreens, and Walmarts that have suffered from these theft rings in blue cities.
But $68.9 Billion! That is damaging not only to the stores and companies, but to the jobs those products support. I can see more layoffs on the horizon if this type of thing gets worse. And we know it could/will as inflation rises and the economy collapses. Being prepped has been a strong standard here. But $68.9 Billion is sad and dangerous my friends. It’s certainly going to be a rough summer and fall.
God please protect us all, and give us strength to educate the public as best we can. WWG1WGA.
Just start looking for more and more of these huge corporations going under. Death by a thousand cuts in the market place. Be especially worried if food processors i.e. Tyson, Green Giant, Mrs. Smith's, Mars, etc. file for the big B. With the truckers not having enough cash to fill up their rigs to haul some Tyson chickens, once the truck pulls up to the dock at Tyson's and the doors are locked shut because they filed bankruptcy, then our nation is truly screwed.
Right now I'm pondering the timeframe for the collapse to really begin. Sure we are at the beginning stage, but a few fires spread around the country really hasn't hurt the supply. Something BIG has to occur like multiple bankruptcies at the same time, production and transportation of diesel coming to a standstill, and very harmful economic policies rolling out to harm the nation further. But when will this begin, that's what makes me scratch my head. Will it be tomorrow, first of August or just before the holidays?
Me too! Scary but fascinating to be alive at this time too.