Grocery Stores In Recent York City Are Considering Locking Up Food Because Theft Has Develop into So Rampant – Investment Watch

by Michael

Food has grow to be a primary goal for thieves, and that ought to deeply alarm all of us.  Once upon a time, shoplifting was a minor nuisance for many retailers in the US.  But today the sport has completely modified.  Highly organized gangs of thieves are systematically looting stores all around the country, and that is costing retailers billions upon billions of dollars.  Authorities call it “organized retail crime”, but I call it complete and utter lawlessness.  When you have got large groups of individuals storming retail stores all around the nation frequently, that may be a major crisis.

Originally, quite a lot of these gangs were primarily targeting goods that could possibly be resold on the Web very easily.  But now quite a lot of grocery stores are being targeted, and food is being stolen on a scale that we’ve got never seen before.

In Recent York City, things have gotten so bad that some stores are considering of implementing dramatic measures.  The next comes from a Fox News article entitled “NYC grocery stores consider locking up food as a consequence of rampant theft; employees are ‘traumatized’”

Shampoo, toothpaste, and razor blades are all items that grocery stores have increasingly began locking behind counters. Soon, that list might include food.

“People don’t have any fear of coming to your store and stealing,” said Nelson Eusebio of the National Supermarket Association.

“Our employees are terrified,” Eusebio continued. “We now have young people who come to work, young cashiers who work part-time, these kids are 16-17 years old. They’re traumatized.”

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

Sadly, the breakdown of law and order just continues to speed up in lots of our largest cities.  The truth is, it’s being reported that grand larcenies “were up 80% in Recent York City last yr”

Recent York City Mayor Eric Adams has made a degree of combating the repeat offenses. “Criminals imagine our criminal justice system is a joke,” Adams said in comments referring to a serial intruder who was arrested and released 26 times. “Those arrested for grand larceny go to court, get released and on their way home from court, they’re doing one other grand larceny.”

In keeping with the Recent York Police Department, grand larcenies, thefts of over $1,000, were up 80% in Recent York City last yr.

Only an 80 percent increase?

Yes, that sounds perfectly “normal” to me.

In other areas of the country, shortages are the large news immediately.

I never imagined that Costco would totally run out of eggs in early 2023, but this has actually happened at lots of their stores.

As I discussed yesterday, bird flu is one in every of the aspects that’s causing supplies of eggs to get tighter.

But because the farmer on this video explains, it’s actually not the one factor.

Irrespective of how high rates of interest go, people still have to eat.

So the Federal Reserve can hike rates to the moon, but food prices are still going to stay ridiculously high.

Nonetheless, higher rates will crush many other areas of the economy, and a number of the biggest names in the company world at the moment are conducting mass layoffs

Goldman Sachs is just the newest firm to scale back its size in recent months. Morgan Stanley announced that it will cut two percent of its staff in December, Amazon plans to chop over 18,000 jobs, and Salesforce announced it will cut ten percent of its workforce and shut some offices last week.

While white collar employees were less affected by the COVID-19 pandemic lock-downs than their blue collar counterparts, many roles were simply done distant as a substitute of being cut, professionals at the moment are bearing the brunt of the economic headwinds America faces.

When are people going to finally understand that we’ve got a serious league crisis on our hands?

When Goldman Sachs lays off large numbers of employees, that may be a red flag.

When Morgan Stanley lays off large numbers of employees, that may be a red flag.

When Amazon lays off large numbers of employees, that may be a red flag.

Facebook, Twitter, McDonald’s and Walmart are also shedding employees.

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

At this point things are so grim that the World Bank is warning that your entire global economy could plunge right into a recession this yr…

The worldwide economy is just yet another knock away from a second recession in the identical decade, something that hasn’t happened in greater than 80 years.

That’s the newest warning from the World Bank, which on Tuesday sharply lowered its forecast for global economic growth.

As economic conditions deteriorate, individuals are going to grow to be increasingly desperate.

And desperate people do desperate things.

So in case you think that organized retail theft is bad now, just wait until you see what’s ahead.

The social deterioration that we’ve got been witnessing over the past several years will soon speed up significantly, and that is absolutely bad news for all of us.

Many retail stores on each coasts have already closed as a consequence of the epidemic of theft that we’re experiencing, and a complete lot more will soon be permanently shut down.

We actually are within the means of becoming a “Mad Max society”, and we only have ourselves accountable.

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