Well, shoppageddon is getting worse, even compared to 2 days ago. I'm guessing the weekend is prime locust feeding time.
Recent news was that whitegoods seller have all run out of freezers, so all the locusts bought additional freezer space. and you know what that means? renewed space to panic-buy even more categories of stuff.
Things I could get until a few days ago, but now those sections are plundered, or 80% empty
- meat (I mean, there was literally no meat and they put shutters on all the fridge displays. People got every last scrap of meat, even the weird stuff)
- eggs (the whole egg fridgerated display area of the supermarket had shutters down)
- cheese - they only had those fake-cheese plastic-wrapped slices now. It's surreal - every size of every type of every brand of cheese 100% sold out since Friday, when it was fully stocked. And that includes cream cheese, cottage cheese, shredded cheese, block cheese, sliced cheese etc etc.
- cordial (area was full on friday, noticeably more empty today)
- cereal (down to some weird brands)
- biscuits / crackers - pretty much all major brands completely gone now
And I'm sure I missed a bunch of other things. There's still stuff in the freezer section but I'm betting that next weekend the same locusts will swarm in and start picking up categories they missed on the last swarming.
Canned goods, rice, pasta, bottled water, paper towels/tissue, toilet paper are still non-existent but the main locust swarm has moved on to new categories.
The stores here are starting to resemble Russian supermarkets ala 1976, which were emptied for a similar demand-side reason - there was absolutely no drop in supply, the Russians were produce just as much through their 1970s shopping crisis as ever. What happened was that (likely due to the OPEC oil price shock) the the price of Russian oil rose, and the country became flush with money. This lead to inflation, but rather than increase production, they used price controls to combat the inflation.
This lead to shortages, which lead to hoarding and black market price-gouging. When that failed, they turned to rationing - the famous bread-lines were to buy bread at the subsidized price. Which is actually all in line with socialist thought - why should you increase production of bread or raise the price, when the nation is already making enough bread for everyone, and the price is reasonable? The problem is that this "only make what you need and price it reasonably" thing fails to account for people wanting more than they actually need. So then you have to resort to rationing, which is very inefficient.