This on this logic? He recommends buying Christmas presents now, any items you plan to stock up on or need in the short/mid term future now, etc. Not saying something drastic is imminent but global supply chains issues are causing localized outages or shortages on a variety of things and market pricing is adjusting (inflation, demand, higher wages) so if you can afford and can find things you want maybe it makes sense to stock up now.
https://radicalpersonalfinance.libsyn.com/global-supply-chains-are-in-disarray-buy-the-physical-items-you-need-and-want-now
Yeah, the bottleneck in the supply chains is largely in shipping. If you add in the holiday boom with already stretched thin shipping resources we’re in for a hoot.
The bottleneck in the supply chain exists in nearly every step. The chips that make devices “smart” are in short supply and cost more. The water supply needed to make those chips is short. The people that pack components to bring to factory lines are short staffed. Factory lines are down due to Covid outbreaks. Can’t find people to pack product into boxes, or boxes onto ships. Those shipping containers cost 3000% more now, and once they are on ships, ports are backed up due to labor shortages sometimes sitting out of cities on boats for a couple weeks. Come off the boats and then even the last mile to get product in hands is slower.
I dunno about a drastic / catastrophic failure of supply chains, but certainly things are already delayed in many markets, and the holiday season for e-commerce will start like next month and continue until the end of the year. I foresee that any products/gifts/etc. that are already in short supply will probably continue to be scarce for the rest of the year.
With the supply chain constraints, it’s taking about 80 more days than before to import items from overseas. A lot of companies that import products will have trouble keeping things in stock during the holiday season. If it’s needed to have by Christmas, I would consider buying now or next month. If it’s something you can delay or wait to have the physical product, then wait till black Friday’s discount but know you it may be delayed.