Hey everyone - we need to chill out for a second. Stop buying the knee jerk reaction of the media trying to freak everyone out and get some good advertising dollars.
This is going to take until after the new year maybe Q1-Q3 timeframe to see if it is transitory.
Reminder: we had an unprecedented global supply collapse followed by shutdowns and border closures for more than a year combined with historic levels of fast moving monetary growth during that time. We now have a situation of incredible levels of built up demand, a labor shortage and supply chain issues. Not to mention significant amount of illness and deaths as a result of a pandemic.
There were bound to be second and third order effects. The system needs some time to adjust.
This is going to take until after the new year maybe Q1-Q3 timeframe to see if it is transitory.
Reminder: we had an unprecedented global supply collapse followed by shutdowns and border closures for more than a year combined with historic levels of fast moving monetary growth during that time. We now have a situation of incredible levels of built up demand, a labor shortage and supply chain issues. Not to mention significant amount of illness and deaths as a result of a pandemic.
There were bound to be second and third order effects. The system needs some time to adjust.