/Rampant Retail Crime Could Throw America into Recession

Rampant Retail Crime Could Throw America into Recession

The results of woke justice reforms are soaring rates of retail theft, most notably by organized criminal gangs.

According to a top retail crime specialist, they may, nevertheless, bring down the entire US economy by precipitating a recession.

The increased number of store theft offenses, according to Burt Flickinger, managing director of the Strategic Resource Group, will likely result in massive shortages and higher retail prices.

Experts say that retail crimes would shatter the supply chain.

Joe Biden’s administration has already thrown the supply chain into disarray.

The widespread losses caused by store thefts, according to Flickinger, are affecting both consumers and the economy.

According to UP, around 90 delivery shipments each day are being hacked.

In 2021, UP alone lost more than $5 million due to illicit rail theft, not including the losses sustained by vendors and their consumers.

The alarming figures follow camera footage showing UP railway tracks in LA’s Lincoln Heights neighborhood covered in dozens of plundered parcels such as UPS, Amazon, and FedEx boxes.

Smash-and-grab robberies have increased dramatically in Chicago and California’s coastal cities, with high-end businesses and commodities increasingly being targeted.

Flickinger emphasized that this additional factor is bad against the backdrop of rising gas, energy prices, and overall skyrocketing inflation in his warning about the frightening consequences of rising retail crime.

Under Biden’s leadership, inflation soared to a staggering 7% year-over-year in December, the highest level since the summer of 1982.

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