Economic Collapse Blog: More than half “plan to stockpile food and other essentials” for the months ahead

Michael Snyder at The Economic Collapse says that More than half of all Americans “plan to stockpile food and other essentials” for the chaotic months ahead

There was a time when preppers were relentlessly mocked, but nobody is laughing now.  Today, most Americans are thinking about stockpiling food, and this massive shift in our national mindset has been sparked by concern about what is going to happen in the months ahead.  Many Americans believe that another wave of the coronavirus pandemic is coming, others believe that our ongoing economic depression will get even deeper, and yet others are convinced that the upcoming election could produce widespread violence.  Of course there have always been people that have been deeply alarmed about future events, but we have never seen anything quite like this.  In fact, a brand new survey has found that over half of all Americans are currently planning “to stockpile food and other essentials”

Slightly more than half of Americans in a recent poll from Sports and Leisure Research Group say they already have or plan to stockpile food and other essentials. The chief reason: fears of a resurgent pandemic, which could lead to disruptions such as new restrictions on businesses. On Oct. 2, the number of COVID-19 cases in the USA was its highest in almost two months.

People still remember the shortages that we witnessed earlier this year when the coronavirus pandemic first erupted in this country, and those that ended up being stuck at home without enough toilet paper would rather not repeat that experience.

So as the mainstream media continues to hype a new wave of the pandemic, we should expect to see Americans hitting the grocery stores really hard.  And according to data company Envestnet Yodlee, there is evidence that this is already happening

Already, there’s some evidence that grocery sales are rising, according to data from industry sources. The typical bill for a trip to the grocery store rose to $72 for the week ended October 6, or 11% higher from the week before, according to data company Envestnet Yodlee.

“That’s the highest we’ve seen since the first week of June and the second-highest since we started tracking this in January,” said Bill Parsons, group president of data and analytics at Evestnet.

Fortunately, many grocery store chains anticipated a spike in demand in advance and started stocking up ahead of time.  The following comes from CNN

Grocery stores across the United States are stocking up on products to avoid shortages during a second wave of coronavirus.

Household products — including paper towels and Clorox wipes — have been difficult to find at times during the pandemic, and if grocery stores aren’t stocked up and prepared for second wave this winter, runs on products and shortages could happen again.

During a time when other retailers all over the nation are failing at a pace that we have never seen before, many grocery store chains are actually experiencing booming sales.

And of course I have been warning that this would eventually happen for a very long time.  During a time of crisis, demand for food and other essentials tends to go up and demand for non-essential items tends to go down.

Needless to say, this is something that is not just happening in the United States.  All over the world we have seen demand for food on the rise, and this comes at a time when global food production has become increasingly stressed.

As a result, food prices all over the world are starting to escalate quite aggressively

Food prices continue rising during the coronavirus pandemic, jeopardizing food security for tens of millions worldwide.

On Thursday, the Food and Agriculture Organization (FAO) of the United Nations said world food prices rose for the fourth consecutive month in September, led by surging prices for cereals and vegetable oils, reported Reuters.

FAO’s food price index, which tracks the international prices of the top traded food commodities (cereals, oilseeds, dairy products, meat, and sugar), averaged 97.9 in September versus a downwardly revised 95.9 in August.

Sadly, this is just the beginning.

Global food supplies will continue to get even tighter, and global demand for food will just continue to shoot higher.

So I would stock up while you still can, because prices will never be lower than they are right now.

Meanwhile, our society continues to unravel right in front of our eyes.  You would think that the Lakers winning the NBA title would be a time to celebrate for the city of Los Angeles, but instead large crowds of young people used it as an opportunity to riot and attack police officers

A crowd of more than 1,000 revelers descended into the area around Staples Center after the game. Unruly individuals mixed within the crowd began throwing glass bottles, rocks, and other projectiles at officers. That is when an unlawful assembly was declared, and only a limited number of people complied and began to disperse. A larger portion of the group broke off and began vandalizing businesses while continuing to engage in violent behavior, some aimed at responding officers.

In Portland, protesters just toppled statues of Teddy Roosevelt and Abraham Lincoln during a “day of rage”, but the mainstream media didn’t seem to think that this was any sort of a problem.

And in the middle of the country, the violence never seems to stop in the city of Chicago

Five people were killed and 48 others were injured by gunfire this weekend in Chicago. Five of those wounded were teenagers.

Last weekend saw 37 people shot throughout the city, five of them fatally.

Of course things could soon get a whole lot worse.

According to one recent survey, 56 percent of all Americans expect “an increase in violence as a result of the election”.

Isn’t that incredibly sad?

Many are still hoping that such a scenario can be avoided if one of the candidates is able to build an extremely large lead on election night.  A large enough lead could potentially cause the candidate that is behind to concede fairly quickly, and that may ease tensions.

But I wouldn’t count on that.

At this point we are about 500 hours away from the election, and both sides are indicating that they are prepared to fight until the bitter end.

And the side that ultimately ends up losing is likely to throw a massive temper tantrum, and that won’t be good for our country at all.

So it makes sense that so many Americans are making extra preparations for the months that are ahead, because it definitely appears that they could be quite rocky.

The Economic Collapse: 50 Million Americans Fighting Hunger by Year End

Michael Snyder of The Economic Collapse blog has a couple of posts up about hunger and food in the US. First up, It Is Being Projected That More Than 50 Million Americans Will Be Fighting Hunger By The End Of This Year

…Because of all the crazy things that have happened so far in 2020, large numbers of people have been forced into dramatic lifestyle changes.  Many Americans have deeply cut their food budgets due to a lack of income, others are now only eating one or two meals a day, and we are seeing more demand at food banks around the country than we ever have before.  It is quite obvious that massive numbers of people are really hurting, and Bloomberg is reporting that it is being projected that the number of Americans that are “fighting hunger” will rise to “more than 50 million” by the end of this calendar year…

The ranks of Americans fighting hunger are projected to swell some 45% this year to more than 50 million.

To me, that is an absolutely staggering figure.

Right now, the U.S. has a total population of about 328 million people, and so that figure that Bloomberg quoted represents a sizable chunk of the country.

And we certainly don’t have to wait until the end of the year for the numbers to get really, really bad.  In fact, it is being reported that one recent survey found that approximately one-tenth of all U.S. households “haven’t had enough food in a given week”

During the pandemic, about a 10th of American households reported they haven’t had enough food in a given week. That’s a shocking figure for the world’s richest country. It’s more than double pre-Covid figures and the highest since comparable government data starts in 1995.

I feel especially bad for the children that are going hungry.

Can you imagine how bad parents must feel when their children tell them that they are hungry and the parents have nothing to provide?

And this is just the beginning.  Food prices are going to continue skyrocketing over the coming year, and that is just going to stretch family budgets even more.

A few days ago, I strongly urged my readers to stockpile food for the chaotic times that are ahead.  Food prices are only going to go higher, and economic conditions are going to continue to deteriorate.

In fact, some more major job cuts were just announced.  For example, Ford just announced that it will be eliminating “1,400 white collar jobs”

Ford is looking to cut 1,400 white collar jobs in a cost-savings move.

The automaker sent out letters to employees Wednesday saying that salaried staff eligible for retirement would be getting early retirement offers next week. Those who take the offer by October 23 would be leaving the company by the end of the year.

And United Airlines just announced that they will be furloughing more than 16,000 workers

With no air travel rebound or new federal help in sight, United Airlines says it will furlough about 20% of its frontline employees in less than a month’s time.

In a new memo to its employees, United (UAL) says that 16,370 employees will be furloughed when payroll restrictions attached to a federal bailout expire October 1.

Because most Americans live paycheck to paycheck, a job loss can plunge a family into dire straits very rapidly.  All over the U.S., we are seeing long lines of people driving very nice vehicles waiting for up to six hours to get food at local food banks.

Over the past 23 weeks, more than 58 million Americans have filed initial claims for unemployment benefits, and many of them have “suddenly” found themselves in need of food.  For a lot of them, it is the first time something like this has ever happened to them.

And so many people that I talk to believe that what we have experienced so far is just the tip of the iceberg and that much worse is coming.  There is such a sense of urgency in the air, and gun sales just keep setting record after record.  In fact, we just learned that gun sales during the month of August were 57 percent higher than last year

And Michael’s advice a few days ago, Buy Lots Of Food And Store It Some Place Safe, Because Very Difficult Times Are Approaching

Things have already gotten quite crazy, but they are going to get even crazier.  Global food supplies have already gotten tight, but they are going to get even tighter.  When even the UN starts using the word “biblical” to describe the famine that the world is facing, that is a sign that the hour is very late.  Thankfully, we are not facing famine in the short-term here in the United States, but “temporary shortages” of certain items have already been popping up, and food prices are aggressively shooting higher.  Earlier today my wife stopped by the grocery store to pick up a couple of things, and one particular item that used to cost about 12 dollars was now 20 dollars instead.  But thanks to the Federal Reserve, this is about as low as food prices are going to get.  The Fed seems absolutely determined to crank up inflation, and that is going to have very serious implications during the times that are ahead.  Right now we have a window of opportunity before the next wave of trouble comes along, and I would greatly encourage you to use this window of opportunity to buy lots of food and store it some place safe.

Some people seem to think that if they have stored up a couple months worth of food that they will be just fine.

Unfortunately, that is not the reality of what we are facing.  The truth is that you should have enough food to feed every single person in your household for an extended period of time, and many of you will need much more than that.  Because when things get really crazy, many of the friends, neighbors and extended family members that neglected to prepare will come knocking on your door asking for help.

There are some people that would turn away those friends, neighbors and extended family members, but I couldn’t do that.  Yes, they are at fault for refusing to get prepared, but I just couldn’t turn them out into the street.

If you also plan to assist those around you that are in need, that just makes your job even bigger.  In the end, there is a limit to what any of us can do, and so we will do what we can with what we have and we will leave the rest to God.

The overwhelming demand that we are witnessing at food banks around the nation right now gives us some clues about what we can expect as economic conditions get even worse.  In Alameda County, vehicles are lining up “as early as seven in the morning” just to get a little bit of food from the local food banks…

“They start lining up as early as seven in the morning and this will run for six straight hours” said Altfest.

Hundreds of cars slowly snake their way through the parking lot across from the Acura dealership on Interstate 880. Folks from all walks of life driving everything from Toyota’s, BMW’s, to Mercedes, all coming to get food. Folks are grateful for the charity.

When I read that quote from a local CBS news report, it struck me that it sounded almost exactly like what Heidi Baker said when she saw people waiting in line to get food…

And I saw all these people and they had beautiful cars, 4 by 4’s and Lexus, Mercedez, BMW’s, Toyotas. There they were with fancy shiny cars, but they were standing in line.

On the east coast we are seeing similar things happen.

In fact, there was a quarter-mile line at the break of dawn at a food bank in Queens on Saturday

The line stretched a quarter-mile before the sun was barely up Saturday, snaking around corners like bread lines in the 1930s. But the hungry in Queens are today’s New Yorkers, left jobless by the coronavirus.

Until the pandemic struck the city, La Jornada food pantry used to hand out groceries to roughly 1,000 families a week. Now, the figure tops 10,000. And volunteers serve lunch every day to 1,000 — many of them kids with growling stomachs. Across the five boroughs, the hungry number in the hundreds of thousands, the Food Bank of New York estimates.

I found it quite interesting that the New York Post is comparing what is happening now to the “bread lines in the 1930s”.

This is the reality of what we are facing people.  So many people are already in desperate need, and this “perfect storm” is just getting started.

In the Richmond, Virginia area things are even worse.  According to one recent report, vehicles have been lining up at one food bank “as early as six hours” before it opens…

Alt-Market: The Next 60 Days

Brandon Smith at Alt-Market writes about the Pandemic and Economic Collapse: The Next 60 Days.

The news cycle moves so quickly these days writing analysis on current events becomes difficult; the moment you publish an examination of the situation people have already moved on to the next disaster. So, today I’m not going to do that. Instead, let’s look at current trends and project what is likely to happen in the next couple of months. In my article ‘How The Pandemic Crisis Will Probably Develop Over The Next Year’ published in early March, I outlined what I believed would be the major developments on a longer timetable. Some of these predictions have already occurred.

Now I would like to tackle a shorter timetable and focus more specifically on the economic side of things, along with the effects of government lockdowns and how they will continue. Yes, that’s right, if you think the “reopening” of the economy is going to be widespread, or that it will last, don’t get your hopes up. I am using a 60 day model because I have observed that the average non-aware person appears to be about two months behind those of us in the liberty movement in terms of seeing the dangers ahead.

First and foremost, the lockdown issue is on almost everyone’s mind, and as I’ve been saying for the past month, it would not take long before people start freaking out about their financial prospects once they realize this thing may not be over “in two weeks” as we keep hearing every two weeks from the mainstream media, state governments and Donald Trump. The “two weeks until reopen” mantra is designed to keep the public placated and docile, and the establishment will continue to use it until people are finally fed up, which is already beginning to happen.

Lockdown protests are sparking up across the country and it’s only going to get worse from now on. Understand though that establishment elites probably expected this, especially in the US, and they are planning to use civil unrest to their advantage.

Do not be surprised if some areas of the country do indeed “reopen” next month, but expect these locations to be primarily rural. Do NOT count on first and second tier cities to reopen, at least nowhere near the activity that they had previous to the viral outbreak. In fact, while rural towns try to go back to normalcy, many major cities will probably double down and increase restrictions rather than loosen them.

Why do I think this will happen? I’ve noticed an odd narrative being pushed in the mainstream media lately that has me concerned. The MSM is aggressively promoting the notion that rural states and counties are about to be crushed by the coronavirus, and looser restrictions in these places are “a danger to everyone”.

Now, if you read between the lines in this propaganda, what I see is not the media reporting on what is happening now, but what they expect to happen soon. In my area of Montana there is no community spread of the virus, and this is common to many parts of rural America. However, what if rural towns reopen while large metropolitan areas remain closed for business? Unless travel restrictions are instituted, expect a FLOOD of city dwellers to pour into rural areas looking for a taste of freedom and some open bars and restaurants.

If your small town is within 1-2 hours drive of a large city, get ready for a parade of yuppies on mainstreet looking for a vacation from lockdown.

This in itself is not a big deal. If people want to drive from the city to spend money in small town America then that’s a benefit to struggling rural communities (and a bizarre 180 degree shift from the norm). But here is what I think will happen next:

After about two weeks of reopening, small towns across the US will have a massive spike in infection numbers and community spread. Viral clusters will develop and some people will die. Does this mean our economy should be frozen to the point of collapse or that medical martial law is the answer? No, absolutely not. But the media is already gearing up for the big “we told you so”, and as rural infections skyrocket state governments and the federal government will start calling for renewed lockdowns even more harsh than before.  The rest of the world will say “that’s what those Americans (conservative Americans) get for being selfish and trying to reopen too soon”.

The economy cannot be opened one piece at a time, it has to be opened all at once. Otherwise, you are going to get a huge influx of people to reopened regions and an inordinate amount of infection cases will follow in those areas, exaggerating the spread of the virus.  Of course, a full reopening of the nation is not going to happen.

Get ready for a great big fake wrestling match between state governments and Trump in terms of how to handle ending lockdowns. Take note though that Trump flip-flops so much on state power vs. executive power that no one actually knows where he really stands on the issue; this is by design…(continues)

Click here to read the entire article at Alt-Market.