Prepare For BARE Shelves: 3-4 Days & Food Can Be Gone | Doomberg

2 years ago
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"We're at a very precarious time," says Doomberg, Substack's #1 financial contributor. The U.K.'s financial system nearly melted down as the British pension funds were hours away from collapse, he says. Now, the Bank of Japan's attempt to peg the Yen is failing. A crisis in the Yen could bleed into the financial system in the U.S. North America is blessed with abundant food and energy resources, but "just-in-time" inventory could put the immediate availability of products in question during a shock to the system. "Preparedness starts at home," he notes, stressing that grocery stores have less than a week of food supplies at any given time.

Doomberg on Substack: https://doomberg.substack.com

0:00 Intro
1:28 EU energy update
6:34 Exported inflation
9:26 Impact on U.S.
18:37 Holding gold
21:35 Reserve currency shift
25:25 Doomberg's Substack
26:36 Miles Franklin
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