The cost of living has become absolutely suffocating for millions of Americans. For years, the bureaucrats in Washington have been feeding us numbers that show that the rate of inflation is low, but it is obvious to everyone that what they are telling us is simply not true. Many of the items that I regularly purchase at the grocery store have more than doubled in price over the past decade. Some have more than tripled in price. When I get to the register to check out, I feel like asking the cashier which organ I should donate to pay for my groceries.We have reached a stage where grocery prices are causing extreme financial stress for families all over America. One man recently caused quite a stir on social media when he revealed that a grocery order from Target that cost $64.50 in 2020 is now $158.30 in 2026…

This post has already been viewed a million times.
The reason why it is so popular is because it instantly resonates with people.
Everyone knows that grocery prices have risen to absurd levels, and yet the statisticians in Washington keep assuring us that everything is fine.
I don’t believe them.
Do you?
The Washington Post just conducted a poll that found that 66 percent of Americans consider the cost of groceries to be unaffordable.
That figure has risen by 21 percent just since February…
Housing is even worse.
The median price of an existing home in the United States has now surpassed the $440,000 mark…
Who can afford to pay that much for a house?
Rental prices have also gone through the roof.
If you can believe it, the average rent on a one bedroom apartment in Manhattan is now a whopping $5,408 a month…
It isn’t a mystery why most Americans are struggling in this sort of an environment.
Many are turning to debt in a desperate attempt to make ends meet…
Unfortunately, when you keep piling up debt a day of reckoning eventually arrives.
Coming into this year, alarmingly large numbers of Americans were getting behind on their credit cards…

And the number of foreclosures in the U.S. is way above the highly elevated pace that we witnessed last year…
This reminds me so much of the conditions that we experienced just before the financial crisis of 2008.
Unfortunately, the cost of living is only going to go higher.
The cost of energy directly affects the cost of everything else, and it appears that the Strait of Hormuz is going to be closed for an extended period of time.
The average price of a gallon of gasoline in the U.S. has nearly reached four dollars again, and the average price of a gallon of diesel has already risen above the five dollar mark…
Of even greater importance is what the closure of the Strait of Hormuz means for the global fertilizer market.
As Mike Adams has pointed out, without sufficient quantities of nitrogen fertilizer we won’t even come close to producing enough food for everyone…
We could be facing multiple years when global food production is at depressed levels.
That means that food prices will go even higher in wealthy countries, and in poor countries there will be shortages.
Famine is one of the major trends that I am tracking, and what we are already witnessing in some parts of Africa is absolutely heartbreaking.
There is no magic button that we can press that is going to make these problems go away.
A crisis of historic proportions is now upon us, and we are still only in the very early stages of it.
Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com. He has also written nine other books that are available on Amazon.com including “Chaos”, “End Times”, “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. When you purchase any of Michael’s books you help to support the work that he is doing. You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter. Michael has published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.
The post A 28 Item Grocery Order From Target That Cost $64.50 In 2020 Is Now $158.30 In 2026 appeared first on The Economic Collapse.
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