Go To The Stores And Stock Up Now Because Things Are About To Get Really Crazy
Francesco Abbruzzino, The Uncensored Report, LLC
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.