Supply Chain Shortages in 2021 & 2022 Explained

The economic roller coaster which began in 2020 continues to race from crisis to crisis. Supply chain issues came into the news when a large container ship got stuck in the Suez Canal and startling images of long lines of ships waiting to get through made their rounds online and on the evening news. Supply chains have now retaken the headlines; however, the current crisis is not one that can be resolved by freeing a single ship. What’s causing the current supply chain crisis?