What Percentage Of Americans Own Bitcoin

Authored by Michael Snyder via TheMostImportantNews.com,

For the first fourth dimension in decades, the cost of food has become a major effect in America.  If rapidly ascension food prices are non a problem for you, then you should be very thankful, because nigh of the country is really hurting right now.  The price of food has been going up much faster than our paychecks have throughout 2022, and this week Walmart CEO Doug McMillion publicly admitted that double-digit price increases for packaged foods “are going to exist with us for a while”.  This is a crunch that isn’t going away, and as you will meet below, information technology appears that things will get fifty-fifty worse in 2023.

But even though I am constantly writing about our deteriorating economic atmospheric condition, even I was absolutely stunned by the results of a new survey that was just released…

More than ii-thirds of Americans are having a hard fourth dimension affording groceries as nutrient costs go on to soar, co-ordinate to new information.

Retail applied science platform Swiftly reported Midweek that 69% of shoppers say they are struggling to pay their grocery bills after months of persistently sky-high inflation, and 83% currently rely on some form of coupons or loyalty program to put food on the tabular array, co-ordinate to its True Cost of a Grocery Shop survey.

If this poll is accurate, that means that about seventy pct of all Americans are having trouble paying their grocery bills correct at present.

That is crazy!

Unfortunately, food prices are only going to go higher considering global food supplies just go along getting tighter and tighter.

For example,
the USDA is projecting that the upcoming orange harvest in Florida will exist the smallest since 1943…

Orangish juice futures squeezed to a near-tape high alee of some other US Section of Agriculture’south ingather study on Friday that will likely show tight global supplies will persist well into the new year.

USDA’s next report will provide an gauge for Florida’s 2022-23 harvest. Figures will add to October’s downbeat report, which showed that Florida would only produce 28 million boxes (each box is 90 pounds) for the electric current season, downward 32% from the prior yr. This season is expected to exist the lowest harvest since 1943.

Meanwhile, Fox Business organization is reporting that
our endless national baby formula shortage “keeps getting worse”…

The infant formula shortage keeps getting worse.

1 parent from Keystone, Florida, said it’south been “crazy” – especially for parents in need of a popular hypoallergenic and lactose-free formula.

“We have been getting less powder, Nutramigen. Then, whatever I have, I’thousand kind of like, can I just feed him less? But then it’southward similar, you can’t feed a child less considering that’southward not fair to them,” female parent Ellie Johnston told FOX Business.

On my website,The Economic Collapse Web log, I have been documenting countless other reasons why global food supplies volition keep getting tighter in the months ahead.  Brand sure to bookmark the site and check information technology several times a week for the latest updates.

As Americans on the lesser levels of the economical pyramid go increasingly desperate, nosotros are seeing a very alarming spike in retail theft.

During a recent advent on CNBC, Walmart CEO Doug McMillion was asked almost what his stores are seeing…

Walmart stores beyond the U.Southward. are grappling with an uptick in shoplifting that could atomic number 82 to higher prices and airtight stores if the problem persists, Walmart CEO Doug McMillon said Tuesday.

“Theft is an issue. Information technology’s higher than what it has historically been,” he told CNBC’s “Squawk Box.”

“Nosotros’ve got safety measures, security measures that we’ve put in place by store location. I think local police enforcement beingness staffed and beingness a good partner is office of that equation, and that’southward normally how we approach information technology,” McMillon said.

That certainly doesn’t sound good.

And McMillion went on to say that some Walmart stores could somewhen be closed if high levels of retail theft persist…

“If that’s non corrected over fourth dimension, prices will exist higher, and/or stores will close,” McMillon said.

I accept bad news for him.

This isn’t going to be corrected.

In fact, things are merely going to get worse in this country.

For years, I have been warning that food would become such a target for thieves that armed guards would exist needed.

Unfortunately, that time has now arrived…

A Philadelphia gas station owner fed up with incessant crime threatening his employees and customers hired heavily armed security guards to watch over his business.

Neil Patel, operator of a Karco gas station at Broad and Clearfield streets in North Philadelphia, recruited Pennsylvania S.I.T.Due east Agents clad with Kevlar vest and AR-15s or shotguns.

In many parts of Philadelphia, the criminals are the ones that are in control, and so that is why this gas station owner feels compelled to rent his ain private security force…

“They are forcing usa to hire the security, high-level security, country level,” Patel told Pull a fast one on 29. “We are tired of this nonsense; robbery, drug trafficking, hanging around, gangs.”

The final harbinger for Patel came later he said his business was vandalized past young people and an ATM car was stolen. His motorcar was besides a casualty of crime effectually the area.

Of course this sort of environment tin now be found in major urban areas all over the nation.

Organized retail crime has become a multi-billion dollar business, and if it is far worse this year than it was last yr.

In an commodity that he just posted, Mike Adams did a great chore of summarizing where things currently stand…

The key phrase in all this isorganized retail crime. This isn’t merely spontaneous, uncomplicated shoplifting, it’s a whole new type of big-scale theft where teams of thieves are prepped and coordinated to hitting a retail institution and clean out its most valuable items in seconds. The stolen appurtenances are and so sold on Ebay, Amazon and other online marketplaces, or delivered to local buyers in exchange for cash.

According to the National Retail Federation, organized retail criminal offence has skyrocketed by 26.5% in 2022, year over year. Information technology now costs retailers over$100 billion per year in losses.

Our country is starting to come apart at the seams all around us.

I am sorry if that statement offends you, but information technology is true.

Crime is out of control, predators are roaming the streets, and the population is becoming increasingly drastic as the cost of living spirals out of control.

Sadly, things are only going to get worse during the months that are ahead of us.

*  *  *

It is finally here! Michael’due south new book entitled “Finish Times” is at present available in paperback and for the Kindle on Amazon.

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Source: https://www.zerohedge.com/personal-finance/can-you-guess-what-percentage-americans-are-having-trouble-paying-their-grocery

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