by Chris Black
The feeling everywhere is like 1999. Yet, the real economy is crashing through the floor. The supply chain disruptions are going to decimate workers and consumers throughout next year.
A $200 million company in my market isn’t going to be able to deliver product next spring. Their main factory can’t produce product, and what was supposed to be shipping for Christmas is stuck in LA. It isn’t showing up.
Producing billions of worthless masks has caused a massive shortage in plastics and feedstocks. If you can get something made, it is going to cost you 20% more minimum.
Crypto isn’t going to save you.
What does it matter if you’ve made incredible gains if there is nothing for you to buy?
Bitcoin Hits New Record High, Surpasses Tesla's Market Cap; Ether Tops $4800 t.co/EfCMo1INXQ
— zerohedge (@zerohedge) November 8, 2021