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Go To The Stores And Stock Up Now Because Things Are About To Get Really Crazy

Michael Snyder
June 2nd, 2021
The Economic Collapse Blog
Comments (17)

This article was originally published by Michael Snyder at The Economic Collapse Blog. 

If there are things that you need to stock up on, you should do it right away.  For weeks, I have been writing articles about the rampant inflation that we are witnessing right now.  We haven’t seen anything like this since the Jimmy Carter era of the 1970s, and many are warning that it is going to get even worse in the months ahead.

Get Ready For The Most Painful Inflation Since The Jimmy Carter Years Of The 1970s

So that means that prices are never going to be lower than they are at this moment.  Even more importantly, we are also being warned that the widespread shortages in our economy are about to get even worse.  In fact, the largest meatpacker in the entire world was just hit by a cyberattack, and this has forced it to stop activity “at its plants in several U.S. states”

The White House said on Tuesday that Brazil’s JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia.

JBS is the world’s largest meatpacker and the incident caused its Australian operations to shut down on Monday and has stopped livestock slaughter at its plants in several U.S. states.

PREPPING FOR THE UPCOMING GOVERNMENT-INDUCED FOOD SHORTAGES

Many of you may not be familiar with JBS, but this is a very big deal.

According to Bloomberg, “a fifth of America’s production” will be wiped out while these plants are down…

JBS’s five biggest beef plants in the U.S. — which altogether handle 22,500 cattle a day — have halted processing following a weekend attack on the company’s computer networks, according to JBS posts on Facebook, labor unions and employees. Those outages alone have wiped out nearly a fifth of America’s production. Slaughter operations across Australia were also down, according to a trade group. One of Canada’s largest beef plants was idled for a second day.

Until this crisis passes, and hopefully that will be as soon as possible, meat will be harder to get and prices will be higher.

The Biden administration is once again blaming Russia for this latest cyberattack.  Whether that is true or not, relations between the U.S. and Russia will continue to rapidly deteriorate, and many are deeply concerned about where all of this hostility will eventually take us.

Sadly, this new meat shortage is just the tip of the iceberg.  Earlier today, the Drudge Report linked to an article with this stunning headline: “How the World Ran Out of Everything”.  The following is a short excerpt from that article…

In Conshohocken, Pa., Mr. Romano is literally waiting for his ship to come in.

He is vice president of sales at Van Horn, Metz & Company, which buys chemicals from suppliers around the world and sells them to factories that make paint, ink and other industrial products.

In normal times, the company is behind in filling perhaps 1 percent of its customers’ orders. On a recent morning, it could not complete a tenth of its orders because it was waiting for supplies to arrive.

You may have noticed that products are increasingly going “out of stock”, and this trend isn’t going away for the foreseeable future.

Meanwhile, inflation threatens to spiral wildly out of control.  At this point, even Costco executives are publicly warning that inflation has become a major problem

Don’t tell Costco executives that inflation is low.

The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and a 20% spike in meat prices over the past month.

“Inflationary factors abound,” CFO Richard Galanti said on the company’s fiscal third-quarter earnings call Thursday.

If you know that you are going to need something in the months ahead, buy it now, because with the way things are going there is a very good chance that you will be paying much more if you wait.

Have you noticed that some companies are trying to hide inflation by shrinking package sizes?  This is a phenomenon that is known as “shrinkflation”

Consumers are paying more for a growing range of household staples in ways that don’t show up on receipts – thinner rolls, lighter bags, smaller cans – as companies look to offset rising labor and materials costs without scaring off customers.

It’s a form of retail camouflage known as “shrinkflation,” and economists and consumer advocates who track packaging expect it to become more pronounced as inflation ratchets up, taking hold of such everyday items such as paper towels, potato chips and diapers.

For example, I absolutely love Tillamook ice cream.  It is the best ice cream that I have ever had in my entire life, and if you have tasted it then you know what I am talking about.

Unfortunately, they recently felt forced to shrink the size of their packaging from 56 ounces to 48 ounces, but they kept the price the same.

Lots of companies are now doing this because the cost of raw materials is going through the roof.  Even Elon Musk is complaining about rising prices for raw materials

Perhaps finally realizing it can’t turn a profit selling vehicles or perhaps truly between a rock and a semiconductor hard place, Tesla is raising prices (and ditching features) from its vehicles.

CEO Elon Musk took to Twitter late on Memorial Day to explain the hikes, blaming them on the convenient scapegoat of supply chain issues.

“Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially,” Musk wrote in a Tweet late on Memorial Day.

Sadly, this is just the beginning.

Governments around the world continue to borrow and spend money as if tomorrow will never come, and global central banks continue to pump gigantic mountains of new money into their respective financial systems.

In this sort of environment, an “invisible sculpture” that is nothing but air can literally be sold for $18,000

An Italian artist was able to sell his invisible “immaterial” sculpture – which technically does not exist (in this plane at least) – for thousands of euros.

Salvatore Garau, 67, challenged the boundaries of contemporary art even further after cashing in ¢15,000 (around $18,000 or P875,000) for his work titled “Io sono” (I am) at a recent auction, as per Il Giorno on May 21.

The inflationary nightmare that so many of us have been relentlessly warning about is here, and it is going to continue to get worse.

In addition, I have a feeling that quite a few major “surprises” are coming our way during the second half of this year.

So go to the stores and stock up now, because things will soon get really crazy.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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    Author: Michael Snyder
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    Date: June 2nd, 2021
    Website: http://theeconomiccollapseblog.com/

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    17 Comments...

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    1. Anonymous says:

      We’ll know the real inflation number next year when we get the social security inflation adjustment increases in payments.

      Until then everything is just unofficial speculation.

    2. Anonymous says:

      The dollar went up 11% for propain on futures last night. Propane just sits there. The dollar always move.

    3. Keep voting Democrat – Ya We can bring America down!
      Then we can allow the UN to govern the whole world.
      We will be living in peace and bliss!

      • cranerigger says:

        Jakartaman, great post again. Sad to think that many Americans do NOT realize the post is facetious. Demonrats do NOT see the problem with “1984”-style, over-arching, controlling govt. They continue to love the United Nations (primarily paid for by American taxpayers over it’s history) that seems to be compelled to always vote against the USA.

      • Christian Soldier says:

        Its all been planned and it will come forth…but for good reason…

        Read on if you dare…

        What we are seeing is the rise and revival of the Roman empire as spoken of in the word of God….its only going to grow worse for the world must have one leader come on the scene….

        The Antichrist

        Now for those who care to take a deep dive in the spiritual and Divine world of the Lord God Almighty….I would point you to the book below.

        AW Pink – The Antichrist
        https://www.ccel.org/ccel/p/pink/antichrist/cache/antichrist.pdf

        For those who know the Lord Jesus Christ as Savior, let this be a comfort to you knowing your Lord is standing at the door…

        For those who do not know Christ as Lord and Savior…know this, He is Lord of all and it is only if you have a saving faith by His blood and have been born again that you will be in glory. Otherwise you will perish and be cast in the lake of fire for eternal punishment.

        Proverbs 18:10-12

        10 The name of the Lord is a strong tower and the righteous run into it and are safe
        11- A rich man’s wealth is his strong city, And like a high wall in his own imagination.
        12- Before destruction the heart of man is haughty, But humility [goes] before honor.

    4. Darth Skippy says:

      Conflicting claims:
      Free internet invented by the govt.
      Free internet free of govt oversight.
      Blockchain and darknet invented by the govt.
      Blockchain and darknet free of govt oversight.
      Govtsing hacks as an excuse to take over blockchain and darknet.
      Blockchain and darknet become govt monopolies, hosting the internet of things.

      WO2020060606 – CRYPTOCURRENCY SYSTEM USING BODY ACTIVITY DATA
      patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606

      People have become religious about biometrics and body activity data, to the point of believing they can live in the cloud.

      “Io sono” (I am) appears to be a bow to René Descartes. “I think, therefore I am.” “We cannot doubt of our existence while we doubt.”

      • Darth Skippy says:

        youtube.com/watch?v=fPijuK3ui3M
        (Or, he fixes the blind lady.)

        At the time when the online “Day of Wonder” was featured in the “Left Behind” series, Occulus had not come out, yet. VR seemed obsolete and 1980’s-ish.

        There is now an entire section of sci-fi, devoted to people who want to live in the Matrix. They are shown, living like drug addicts, plugged into the wall. In extreme interpretations, they believe that their entire, physical body would be converted computer code, and go on living in the video game — a technological version of heaven and hell.

        Virtual possessions are now on sale, for USD. Besides Salvatore Garau’s sculpture and non-fungible tokens (nft’s) there are stores, where you can pay real world moneys for digital renderings of your physical belongings.

    5. hmm... says:

      Recent Headline:
      “COVID
      VARIANTS
      TO BE GIVEN
      GREEK
      ALPHABET
      NAMES”
      So,expect lots of “variants”🤔🙄

    6. Frank Thoughts says:

      Blacks are expensive to keep around. The last crazy period of inflation in the 70s was the direct result of all the welfare spending from the War on Poverty to lift blacks up. Instead they became mired in poverty and ghettos full of crime.

      This next phase of spending on black welfare, preferential employment, free university education, reparations etc will provoke an even worse crisis.

      You can’t get rich buying crap from China to handover to blacks in the ‘hood.

      • Darth Skippy says:

        I also apply the same logic to white corporate welfare recipients, who will not get their foot in the door, unless the state sees some defect.

      • That’s why I read labels or do without. Why should I support the Chinese economy? Did you ever notice when you buy electronics made in China they break down within 3 months? I think the Chinese keep the good stuff for themselves and export the crap to other countries.

    7. Political and economic uncertainty is clear.
      Essentially, all things American are being challenged.
      https://therepublic1776.com/2021/05/13/survive-2021-and-beyond-part-1/

    8. Anonymous says:

      Puting is laughing.

    9. Anonymous says:

      I trust nothing from the dirty sludge report!

    10. Hacking...... says:

      Hacking will continue, and increase, unless and until this country and its critical infrastructure weans itself from Microsoft OS platforms (which are FULL of security holes). Other OS options are out there (such as Linux) are freely available. The problem is that Microsoft has a monopoly on the industry. Doubt me ?? Just TRY to buy a PC and NOT have Windows pre-installed.

    11. I’m going to stock up on toilet paper and none of you are going to get any. LoL 🧻🧻🧻🧻🧻🧻🧻🧻🧻🧻

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