Panic And Chaos Sweep Across Supply Chains As Shortage Of Everything Push Prices To Skyrocket

These days, everyone seems to be talking about a global economic recovery, but the truth is that more problems are emerging with each passing day and the global economy is still very far from what it was before the onset of the health crisis. Even though consumer demand is still booming, supply chains all over the world are in a state of total chaos. Shortages of essential parts and products are making things extremely difficult for hundreds of thousands of manufacturers and the process of shipping products overseas has become insanely expensive, oftentimes resulting in horrendous delays. On top of that, a historic shortage of workers is aggravating the supply chain crisis even further while retailers struggle to restock their shelves for their customers in a timely manner. This level of disruption is something that we have never seen before. The crisis is getting so severe that even CNN is admitting that things are bound to get worse. A recent CNN article described that the vast network of ports, contain