Be ready! The current supply chain crisis is becoming noticeable to most at this point and it could toss the entire global economy off course.  With just the right problem, we could all be facing shortages that would make the toilet paper incident of 2020 look like a daydream.

The Guardian has explained that all of the problems with the supply chain, including shortages, are in one way or another tangled up in the surge of post-pandemic consumer demand. Of course, when all of the problems are taken together, they threaten what one leading economist calls a “stagflationary wind” that could blow the global economy off course. The supply chain problems are also bigger than we are currently being told according to many who work in the transportation and manufacturing industries.

“The supply chain problems are much more persistent than most policymakers expected, although companies are less surprised,” Mohamed El-Erian, and adviser to the insurance giant Allianz and president of Queens’ College, Cambridge, said. “Governments are having to rethink quickly because the three elements – supply side, transport, labor – are coming together to blow a stagflationary wind through the global economy.”

Instead of waiting on the government’s response, which will more than likely only include the printing of more money and the push of the inflation rate higher, we should be preparing…

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