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Global Supply Chain is Broken

The Intel's Massive Evolution - Tekedia

The world of commerce is nothing but supply chain - and today, that supply chain is broken: "As the surging delta variant keeps shipping at bay, supply-chain problems look set to last into next year and further fuel inflation. The cost of moving a container from Asia to Los Angeles is six times higher than a year ago, while sending one to Europe costs 10 times more. Meanwhile, U.S. manufacturers face a backlog that has been growing all year, with core capital goods orders climbing to a record-high $231 billion.  TSMC, the world’s biggest contract chip maker — and a major supplier to Apple — is jacking the cost of its product as much as 20%, in response to higher material costs."

A warning signal that we need to be fast about AfCFTA.