Nomi Prins
Rachel’s note: During the COVID pandemic, the world experienced extreme supply chain shortages.
Because of this, we ran into empty shelves at grocery stories, skyrocketing prices at gas stations, and massive unemployment.
Thankfully, these conditions are in the past now. But just because we’ve managed to bounce back in many ways, that doesn’t mean that supply chains aren’t still feeling the pinch.
The lagging effect is only beginning to show for some industries. Companies are dealing with all-time low inventories of raw materials, which go into most products from equipment to advanced technology.