Chances are you’ve heard about the “supply chain crisis” that is being driven by the backup of more than 100 giant container ships off the ports of Long Beach and Los Angeles. While we believe it’s well-worth the time to read this insightful article from Yahoo Finance to better understand how this situation is affecting our economy with shortages, delays, and ultimately, inflation, we’ve synthesized the article into easily-digestible information bites.
Here are some key points from the article: