Within 10 Days, Shortages Are Already Here

Not just higher prices—now the global economy is running into physical constraint, and most analysis is still behind

Ten days ago, I argued that shortages—not just price increases—would begin to hit the global economy. That call is now being confirmed in real time. What matters is what comes next: not just higher prices, but the accelerating absence of critical goods—and the first irreversible steps toward economic contraction.