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You are here: Home » News » Financial News » Go To The Stores And Stock Up Now Because Things Are About To Get Really Crazy

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

June 1, 2021 6:33 PM By Michael Snyder 2 Comments

Originally published by theeconomiccollapseblog.com.


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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.  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.

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.

Author: Michael Snyder

Michael Snyder is a former Washington D.C. attorney who now publishes The Economic Collapse Blog and End of the American Dream. Michael and his wife Meranda believe that God is raising up a Remnant in these last days (Revelation 12:17; Revelation 14:12) that will bring in the greatest move of God the world has ever seen and the greatest harvest of souls the world has ever seen.

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Anonymous
Anonymous
11 months ago

Discount stores like Big Lots, Ollies, and Bargain Hunt have been a great resource for essential prepping.

1
Reply
TJB 323
TJB 323
11 months ago

Shrink-flation is totally real. I buy this specific dish soap at Walmart. And it is about $2.97. Well the last time I bought some (couple of weeks ago) the bottle was now noticeably smaller. The old size was 25 oz and the new size is 19 oz, but the same price.

This is not the only product I buy that shrinkflation has hit, but it is the most recent.

3
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  • Fionnola Morris on “Behold, I will raise up against Babylon (America)”You don’t to go to war with Israel for God’s judgement to fall. Pressurising Israel to divide the land would be sufficient or maybe even facilitating attacks on Israel by monetarily supporting Palesti…
  • michael c. on Prophetic chart could be showing macro view of crypto winter aheadHi James - the May 20th low of 3810-could that be the 3600 low estimate and we are headed to 4200 now? Thank you for all your help James.
  • Christine Beadsworth on The Apocalyptic Global Food Crisis That We Were Told To Prepare For Has Already Started In 2022For those of you who are growing your own vegetables, remember that your own body manufactures a brilliant fertilizer. Collect your own urine and dilute 1 to 10 and water the soil round your vegetable…
  • James Bailey on Mark Esper’s Tell-Some Reveals US Plans for War and Terror Against VenezuelaEven more amazing is what God has revealed about Trump which is also confirmed by many historical facts proving he never was who he claimed to be. He actually works for the same man Biden works for, w…
  • Iosif on Various crypto currency prices revealed in prophetic dreams and visionsThank you Chris for your input. We should lean on understanding what the Holy Spirit is prophesying to us and not lean on estimations. For now we only need to have patience and wait till the coldest w…
  • Iosif on Various crypto currency prices revealed in prophetic dreams and visionsThank you for your input Edgar. In my opinion we shouldn’t focus so much on cryptocurrency prices for every different coin, but seek deeper understanding of what God does with digital money (cause of…
  • Bev Trowbridge on Various crypto currency prices revealed in prophetic dreams and visionsNancy, Chuck's widow and now lead prophet, will send you a giant box of recording and newsletters dating back to the 70s. It costs her to reproduce them all, so it was a bit of money. The "Leader of t…
  • Edgar on Thousands of Deaths and Adverse Reactions Deleted From VAERSthe Crooked BIG PHARMA Corporations and Crooked CDC , and crooked NIH and FDA are all in Cajuts to PUSH their Poison Vaccines and the crooks running hospitals and others like senior housing , centers…
  • Edgar on Mark Esper’s Tell-Some Reveals US Plans for War and Terror Against Venezuelait is AMAZING NO ONE talks about The ELECTIONS being STOLEN From Trump by a bunch of Wicked Crooks and COMMUNISTAS that want to DESTROY America .. the Crooks are being Quiet like MICE but the Truth al…
  • Edgar on Various crypto currency prices revealed in prophetic dreams and visionsThanks for the info do you have a You Tube channel I think smaller coins or meme coins will be in the top ten I saw the price of xrp at 0.35 cents and I think it just passed another brother saw it at…
  • Leonie on The Apocalyptic Global Food Crisis That We Were Told To Prepare For Has Already Started In 2022Hi Linda, The Lord has been speaking to my sister and I about preparing. He is giving us certain things to buy and stock up on. Last week at my local supermarket, fresh ginger was $60 per kilo. Water…
  • Chris_uk_de on Various crypto currency prices revealed in prophetic dreams and visionsThat’s interesting. How do you know it was the coldest in 100 years? I just wrote a blog post about the prophecies of Chuck Youngbrandt and he saw what could be the coldest winter preceding nuclear wa…
  • Linda on The Apocalyptic Global Food Crisis That We Were Told To Prepare For Has Already Started In 2022Many people that I speak with in the U.S. do not believe this will touch our country. I went to Walmart this week, and every few aisles I would hear someone saying "they just don't seem to have any fo…
  • Fionnola Morris on “Behold, I will raise up against Babylon (America)”I won't be putting my trust in princes or war horses (psalms), only God in these days. You speak of 9/11 and who was needed?? That one is still without real resolution. Just ask the fire fighters - it…
  • Fionnola Morris on “Behold, I will raise up against Babylon (America)”Surely the ‘Babylon’ mentioned is a spiritual Babylon/fallen world and apostate church that we must separate ourselves from? Some believers have already left their homeland due to some nations succumb…
  • Iosif on Various crypto currency prices revealed in prophetic dreams and visionsI would also look to diversify with Pax Gold. It is a coin that follows the Gold price, so I think that in times with a lot of volatility in the market Pax Gold will be less risky than stablecoins bac…
  • Daniel on Various crypto currency prices revealed in prophetic dreams and visionshttps://decrypt.co/100915/ethereum-merge-coming-august-everything-plan-core-dev
  • Daniel on Various crypto currency prices revealed in prophetic dreams and visionsThis is what I was able to find in regards to eth. Merger. Thanks. https://decrypt.co/100915/ethereum-merge-coming-august-everything-plan-core-dev
  • Marques on “I will complete My promise to My Chosen…”If it does happen this july, we will both be dancing like David danced!
  • Anne Chivers on The Apocalyptic Global Food Crisis That We Were Told To Prepare For Has Already Started In 2022A lot of detail in this post by Michael. We cannot say that we have not been Warned about the Looming Crisis that is on the doorstep around the World. On Monday news headlines in Australia- two days o…
  • Dockster00 on Cryptocurrency XRP Satan’s Money or God’s Plan? – What God told me – My XRP testimonyThat's pretty much in line with what I was thinking....Thanks for the response!
  • Jay on Various crypto currency prices revealed in prophetic dreams and visionsA couple nights ago I had a dream that BTC was trading at $700. I was so excited to see it that low and tried to FOMO in to buy USDT with my card but couldn't due to some technical issues. I also saw…
  • Anne Chivers on The Realization of Mental HealthExcellent Post, Much needed Topic in the Hour we are Living in. Many folks suffering thru the fallout of the last Two Years. Last paragraph ;very meaningful The Lord looks down with Compassion.Love Ps…
  • MattNZ on Various crypto currency prices revealed in prophetic dreams and visionsThankyou Losif for this info. New Video from CCU. https://m.youtube.com/watch?v=NIiyUXQGXy4
  • Marcio on “I will complete My promise to My Chosen…”Attention Bitcoin Holders: Is A 70% CRASH COMING By Crypto Crew University https://www.youtube.com/watch?v=NIiyUXQGXy4
  • Joe on “I will complete My promise to My Chosen…”One clue though. BTC will reach 10K first.
  • Trish on “I will complete My promise to My Chosen…”Do we still hold on RDD, ETN, SHIB? Little confused plus is RDD even “alive” because it seems as if the project is quite dead? Thank you and God’s blessings in advance.
  • Colton on Cryptocurrency XRP Satan’s Money or God’s Plan? – What God told me – My XRP testimonyFrom the handful of prophetic words I've heard regarding XRP I think the price could go under 20 cents USD on some exchanges. Could even go way lower on a btc crash but personally I think anything und…
  • James Bailey on “Behold, I will raise up against Babylon (America)”America was under attack from the beginning by foreign, Jesuit controlled, forces. When brute force failed, our enemies turned to schemes of deception and infiltration starting prior to the civil war…
  • N.Newton on “I will complete My promise to My Chosen…”Thanks Marques 🍎 BTC dropping just like this apple so I assume this summer more likely 😉
  • Marques on “I will complete My promise to My Chosen…”Hey Newton, Maria said that she didnt know which July this will happen, this year or next year...So she wouldnt be able to answer that question. At this point, nobody knows how the exact sequence is g…
  • johnathon on “Behold, I will raise up against Babylon (America)”the only thing that doesnt make sense about this is when did america kill israelites? cause the slain of israel to fall. also 35 Let the violence done to me and my flesh be upon Babylon (America),”…
  • Dockster00 on Cryptocurrency XRP Satan’s Money or God’s Plan? – What God told me – My XRP testimonyAnyone have any updates on the most recent buy price for XRP? Is this 17-ish cents the latest price? Thanks...
  • Nikki on “I will complete My promise to My Chosen…”Yes God will provide for you. He provides for us in many ways. He loves you and will never fail you. I will pray for you.
  • dan on I heard the words “Small World War”.Cryptocurrency Day of Reckoning?THURSDAY, 12 MAY 2022 BY: MARTIN ARMSTRONG https://www.ask-socrates.com/Blog/GetImage/627d15ee834b15b99da4327d QUESTION: Hi Martin, You called the top in bitc…
  • James Bailey on Prophetic chart could be showing macro view of crypto winter aheadOn May 13 I saw an SPX chart showing a significant drop followed by a steep spike up. No dates or prices were shown but so far it has been on track. My current thinking is it reaches a bottom around 3…
  • Phil - Sydney on Powerful Prophetic Word – Luke 13 Attitude of Our Hearts – Strive To Enter In!Hi Anne 2 brothers. Matt stood for Lower House(house of Reps). Ralph candidate for Senate. Ralph is the hope for team Regards Philip
  • N.Newton on “I will complete My promise to My Chosen…”What a prophecy Maria. Do you think BTC keeps declining until July? Or going up to 70k and then flash crash this summer? Which one is more likely?
  • E.Vaughn on The Realization of Mental HealthGod bless you! This is the first time I have seen someone address this issue. And it certainly is a growing concern everywhere. The enemy is working aggressively to push everyone to make destructive c…
  • Anne Chivers on Powerful Prophetic Word – Luke 13 Attitude of Our Hearts – Strive To Enter In!Very strong Word from Monique..very thorough and insightful understanding on all the verses mentioned & given in this message. Bless you Monique. and all who read & listen to the video.
  • Manuel on I heard the words “Small World War”.I happen to find the most well known one translated in english just few days ago: Stockholm Prophecy 1984 - YouTube
  • Anne Chivers on Powerful Prophetic Word – Luke 13 Attitude of Our Hearts – Strive To Enter In!Phil just checked the first name and I think it is Matt Babet .Checked an Electoral division card for Bruce electorate where we live and the card has Matt Babet on it. Any way the Lord knows.
  • Anne Chivers on Powerful Prophetic Word – Luke 13 Attitude of Our Hearts – Strive To Enter In!Hi Phil just read your comment. Certainly will pray for Ralph Babet. What an Election. We all did postal votes the four of us, and we made sure we marked Both House of Reps in pen & Senate paper i…
  • Phil - Sydney on Powerful Prophetic Word – Luke 13 Attitude of Our Hearts – Strive To Enter In!Asking ALL Christians on z3news. Please pray for Ralph Babet for a UAP senate position for Victoria. Australia. He has a real chance . Thanks Everyone. May God bless him and give him success... Praise…
  • saira khan on “I will complete My promise to My Chosen…”I agree. Rational thinking
  • Marques on “I will complete My promise to My Chosen…”There are numerous prophetic voices talking about this. This is not the only year for wealth transfer, but I believe we will see a lot of the wealth transfer take place after DJT is restored this year…
  • Lewis Louis Esq. on “I will complete My promise to My Chosen…”Bo Polny did: https://qrco.de/bd1VRq
  • Glenn Clark on “I will complete My promise to My Chosen…”Thank you Maria for taking the time to share your posts. God has given me confirmation that you indeed hear from Him and so I'm thankful He is using you as his precious vessel to share His thoughts, w…
  • Larry in Alaska. on In my dream, I saw what seemed to me to be a tsunami wave.I agree, thank you Marcio.
  • Phil on “I will complete My promise to My Chosen…”Who predicted 2022 was the year of the great wealth transfer? I didnt hear 2022 being named as the year before

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