The synthetic meat industry that billionaire Bill Gates is heavily supporting is teetering on the brink of financial collapse as consumers roundly reject fake meat. The two major companies that Gates backs – Beyond Meat and Impossible Foods – are announcing massive layoffs after sales plummeted.
Nearly a decade ago, Gates started pouring investments into the lab-grown meat industry, believing that it could upend the world’s $1 trillion meat industry and that eating synthetic meats could help deal with climate change by helping Americans reduce their overall carbon footprint.
Investors like Gates were responsible for providing the fake meat industry with over $2.6 billion in funding for the past few years. (Related: GMO MEAT? Bill Gates now spending tens of millions to genetically modify livestock.)
For a time, American consumers also bought into the hype. Beginning in 2019, Beyond Meat and Impossible Foods soared in popularity, capturing consumers and media headlines alike as people flocked to try out their plant-based meats. Consumers who tasted the fake meat claimed it looked and tasted similar enough to beef.
Beyond Meat and Impossible Foods sold their products to restaurants, with fast food giant Burger King cashing in on the popularity by adding an “Impossible Whopper” burger to its menu.
Both fake meat companies even started experimenting with other types of meat they could replace, expanding their range of offering to other meat products like sausages and chicken nuggets.
Popularity of fake meat products a fad
Unfortunately for Gates, the fake meat sector’s fortunes are waning fast. The economic slowdown, coupled with the loss of buzz for the fake meat products, has caused a massive slump in sales for the two big fake meat players.
Impossible Foods recently announced plans to lay off roughly 20 percent of its workforce. This translates to around 140 of the company’s 700 employees. The layoffs come after attempts to reduce the company’s headcount through voluntary buyouts did not result in a sufficient number of employees leaving.
Impossible Foods claims this mass layoff is a means of streamlining its business so that it can continue to “hyper grow.”
Beyond Meat, responding to the company’s shares plunging 75 percent in the first three quarters of 2022, has also slashed its workforce by around 20 percent, translating to around 200 employees being fired. Beyond Meat’s stock price is currently down roughly 67 percent compared to a year ago. Company executives blamed inflation for pushing consumers away from the pricier plant-based meat products.
Beyond Meat experienced a high-profile disaster last year when its much-touted pilot collaboration with McDonald’s, meant to compete with Impossible Foods’ arrangement with Burger King, known as the “McPlant” burger, was discontinued by the fast food giant. Reports indicate that, even though the fake meat burger was rolled out to hundreds of McDonald’s branches all over the country, there wasn’t much demand for it.
The company then experienced a series of bizarre scandals that also affected its image, including its former CEO Doug Ramsey, who was arrested for allegedly biting another man’s nose following a disagreement regarding a football game and making a “terroristic threat” after the incident.
Around a month later, a whistleblower revealed photos inside a Beyond Meat plant in Pennsylvania revealing mold in and around food production and storage equipment, as well as documents showing that the company’s fake meat products tested positive for listeria, a harmful bacteria, nearly a dozen times over the last year.
Despite these clear setbacks, Gates still believes in the future of meat alternatives.
“There are companies making ‘beef’ in new ways,” he said in an online interview. “I think eventually these products will be very good, even though their share is small today.”
Learn more about the lab-grown meat industry at FakeMeat.news.
Watch this clip from InfoWars as Alex Jones discusses Bill Gates’ move to dominate the world’s food supply.
This video is from the InfoWars channel on Brighteon.com.
Don’t wait for a stock market crash, dedollarization, or CBDCs before securing your retirement with physical precious metals. Genesis Gold Group can help.
More related stories:
- Fact Check: Dozens of food sovereignty groups sign open letter condemning Bill Gates for imposing technologies that are worsening world hunger.
- Bill Gates: Synthetic meat WON’T solve climate change – yes, you read it right.
- Bill Gates, WEF promoting dangerous GMO foods and fake foods
- Bill Gates quietly pushing globalist-backed FAKE MEAT by investing in companies that manufacture it.
- Bill Gates, Jeff Bezos pushing for a new lab-grown meat industry that harvests the blood of unborn cow fetuses.
Sources include:
- NewsPunch.com
- Bloomberg.com
- Axios.com
- TheNationalPulse.com
- BusinessInsider.com
- Brighteon.com
- NATURAL NEWS
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
