the Chip shortage

 

Just as the developed world is finally starting to get over its covid crisis, a new crisis has developed. The shortage of computer chips is making it difficult to manufacture everything that has silicon chips, from computers to phones to cars to washing machines. Some of this is caused by covid, some by China trade restrictions, and some by the lack of American manufacturing capabilities (the US still makes 12% of silicon chips) even though the US originally developed the technology. 

Like a lot of baby boomers, I am computered upped. I have too many things. It also means my 11 year old car is now worth over ten thousand dollars. But it will be harder for many people to buy the things that would drive the new economic expansion.