by Michael Snyder, The Economic Collapse Blog:

Experts are telling us that the supply chain disruptions that we are facing are likely to be more severe than anything that we witnessed during the last pandemic.  Anyone that believes that we can easily replace 438 billion dollars of imports from China is just being delusional.  There are thousands of products that are made in China that are simply not made anywhere else.  Yes, we will do what we can to mitigate the damage, but there is only so much that we can do.  I just heard from one business owner that has already received numerous price increase notifications from his suppliers.  And apparently there are already hundreds of products on Amazon that have had their prices raised substantially…