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Grocery Shops In New York Metropolis Are Contemplating Locking Up Meals As a result of Theft Has Turn into So Rampant – Funding Watch

by Michael

Meals has develop into a first-rate goal for thieves, and that ought to deeply alarm all of us.  As soon as upon a time, shoplifting was a minor nuisance for many retailers in the US.  However right this moment the sport has utterly modified.  Extremely organized gangs of thieves are systematically looting shops everywhere in the nation, and that is costing retailers billions upon billions of {dollars}.  Authorities name it “organized retail crime”, however I name it full and utter lawlessness.  When you have got giant teams of individuals storming retail shops everywhere in the nation frequently, that could be a main disaster.

Initially, a whole lot of these gangs had been primarily concentrating on items that may very well be resold on the Web very simply.  However now a whole lot of grocery shops are being focused, and meals is being stolen on a scale that now we have by no means seen earlier than.

In New York Metropolis, issues have gotten so dangerous that some shops are considering of implementing dramatic measures.  The next comes from a Fox Information article entitled “NYC grocery shops take into account locking up meals resulting from rampant theft; staff are ‘traumatized’”

Shampoo, toothpaste, and razor blades are all objects that grocery shops have more and more began locking behind counters. Quickly, that checklist would possibly embody meals.

“Individuals haven’t any concern of coming to your retailer and stealing,” mentioned Nelson Eusebio of the Nationwide Grocery store Affiliation.

“Our workers are terrified,” Eusebio continued. “Now we have younger people who come to work, younger cashiers who work part-time, these youngsters are 16-17 years outdated. They’re traumatized.”

After I first began warning that we have gotten a “Mad Max society”, lots of people thought that I used to be exaggerating.

Sadly, the breakdown of regulation and order simply continues to speed up in a lot of our largest cities.  In reality, it’s being reported that grand larcenies “had been up 80% in New York Metropolis final 12 months”

New York Metropolis Mayor Eric Adams has made a degree of combating the repeat offenses. “Criminals imagine our felony justice system is a joke,” Adams mentioned in feedback referring to a serial intruder who was arrested and launched 26 occasions. “These arrested for grand larceny go to courtroom, get launched and on their approach house from courtroom, they’re doing one other grand larceny.”

In keeping with the New York Police Division, grand larcenies, thefts of over $1,000, had been up 80% in New York Metropolis final 12 months.

Solely an 80 p.c enhance?

Sure, that sounds completely “regular” to me.

In different areas of the nation, shortages are the large information proper now.

I by no means imagined that Costco would completely run out of eggs in early 2023, however this has really occurred at a lot of their shops.

As I mentioned yesterday, fowl flu is among the components that’s inflicting provides of eggs to get tighter.

However because the farmer on this video explains, it’s definitely not the one issue.

Irrespective of how excessive rates of interest go, folks nonetheless must eat.

So the Federal Reserve can hike charges to the moon, however meals costs are nonetheless going to stay ridiculously excessive.

Nonetheless, larger charges will crush many different areas of the financial system, and among the largest names within the company world are actually conducting mass layoffs

Goldman Sachs is simply the most recent agency to scale back its measurement in current months. Morgan Stanley introduced that it could reduce two p.c of its employees in December, Amazon plans to chop over 18,000 jobs, and Salesforce introduced it could reduce ten p.c of its workforce and shut some places of work final week.

Whereas white collar staff had been much less affected by the COVID-19 pandemic lock-downs than their blue collar counterparts, many roles had been merely performed distant as a substitute of being reduce, professionals are actually bearing the brunt of the financial headwinds America faces.

When are folks going to lastly perceive that now we have a serious league disaster on our arms?

When Goldman Sachs lays off giant numbers of staff, that could be a crimson flag.

When Morgan Stanley lays off giant numbers of staff, that could be a crimson flag.

When Amazon lays off giant numbers of staff, that could be a crimson flag.

Fb, Twitter, McDonald’s and Walmart are additionally shedding staff.

As they used to say within the Nineteen Eighties, it’s time to get up and odor the espresso.

At this level issues are so grim that the World Financial institution is warning that your entire international financial system might plunge right into a recession this 12 months…

The worldwide financial system is only one extra knock away from a second recession in the identical decade, one thing that hasn’t occurred in additional than 80 years.

That’s the most recent warning from the World Financial institution, which on Tuesday sharply lowered its forecast for international financial development.

As financial situations deteriorate, persons are going to develop into more and more determined.

And determined folks do determined issues.

So if you happen to assume that organized retail theft is dangerous now, simply wait till you see what’s forward.

The social deterioration that now we have been witnessing over the previous a number of years will quickly speed up considerably, and that’s actually dangerous information for all of us.

Many retail shops on each coasts have already closed because of the epidemic of theft that we’re experiencing, and an entire lot extra will quickly be completely shut down.

We actually are within the technique of turning into a “Mad Max society”, and we solely have ourselves responsible.

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