[A shoplifting epidemic costing retailers in New York state $4.4 billion a year is creating a shadow resale economy that ranges from eBay to bodegas, The Post has learned.
Shoplifting in New York City alone rose 64% from June 2019 to June 2023, according to the Council on Criminal Justice.
In 2022, the total estimated loss to shops in the state was $4.4 billion, Gov. Kathy Hochul said in February.
And retailers and law enforcement told The Post that the need to sell the stolen goods has created a sprawling underground economy.
Thieves and middlemen are selling shoplifted goods on resale sites such as eBay and Facebook Marketplace and filling warehouse spaces at illegal pawn shops.]
More fake news. The US has been in a depression for a very long time. The only reason you don't see the soup lines of the 1930s is because of Government handouts such as food stamps, welfare and EBT cards. The USA is one big lie.
For what it is worth. The lead time in electronic parts is growing again. 15 - 20 weeks seems to be a new standard now ! That is for standard components.
I haven't seen it. I don't know what numbers they are seeing, but many people are living paycheck to paycheck. The government always gives phone numbers. Keep the people fat and happy.
The new way to spur economic growth with O’Bidenomics?
The new economic model created by O’Biden and the Left. Shoplift like crazy with no repercussions, then resell items on Amazon and eBay?
New York’s $4.4B shoplifting shadoweconomy revealed — fueled by eBay and Facebook Marketplace
https://nypost.com/2024/03/21/us-news/ebay-and-facebook-marketplace-fuel-nycs-shoplifting-economy/
Excerpt below from article above.
[A shoplifting epidemic costing retailers in New York state $4.4 billion a year is creating a shadow resale economy that ranges from eBay to bodegas, The Post has learned.
Shoplifting in New York City alone rose 64% from June 2019 to June 2023, according to the Council on Criminal Justice.
In 2022, the total estimated loss to shops in the state was $4.4 billion, Gov. Kathy Hochul said in February.
And retailers and law enforcement told The Post that the need to sell the stolen goods has created a sprawling underground economy.
Thieves and middlemen are selling shoplifted goods on resale sites such as eBay and Facebook Marketplace and filling warehouse spaces at illegal pawn shops.]
“A lie doesn't become truth, wrong doesn't become right, and evil doesn't become good, just because it's accepted by a majority.”
-Booker T. Washington-
Laughable….we’ll avoid recession cos we’re going straight to depression …I’m taking your advice. Play the ‘Market’ til the selection in November
AND THE DAMN SHEEP WILL CONTINUE TO SAY OBDIEN'S ECONOMY IS DOING GOOD
More fake news. The US has been in a depression for a very long time. The only reason you don't see the soup lines of the 1930s is because of Government handouts such as food stamps, welfare and EBT cards. The USA is one big lie.
For what it is worth. The lead time in electronic parts is growing again. 15 - 20 weeks seems to be a new standard now ! That is for standard components.
Wow I just love your updates. Thank you . You’re the best !
People believe this???????? No wonder the world is a mess. I'm laughing because it's all so ridiculous.
I haven't seen it. I don't know what numbers they are seeing, but many people are living paycheck to paycheck. The government always gives phone numbers. Keep the people fat and happy.
Lies! Good luck racing in Clearwater tonight.
The economy is great! Look. People pay $30 delivery fee to have a robot deliver food. On Credit. lol
One of the two main positive leading indicators was the S&P 500, so I think that can be discounted.
I’m new to all this. I’m the dumb new guy. Where do I start as a beginner. I’m 45, work 2 jobs and have an extra $1200-$1500 to play with.
.1% is an increase? Well I guess it is...but does it mean anything? Uh, no not really.