Why There are Now So Many Shortages (It's Not COVID) | Wendover Productions
Wendover Productions

Why There are Now So Many Shortages (It's Not COVID) | Wendover Productions

B2Upper-intermediateNovember 14, 202627 min
  • Business & money

Why There are Now So Many Shortages (It's Not COVID) Buy your custom domain or email for 10% off at http://Hover.com/wendoverListen to Extremities at http://ExtremitiesPodcast.comBuy a Wendover Productions t-shirt: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirtSubscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinterestingYoutube: http://www.YouTube.com/WendoverProductions Instagram: http://Instagram.com/sam.from.wendover Twitter: http://www.Twitter.com/WendoverPro Sponsorship Enquiries: [email protected] Other emails: [email protected] Reddit: http://Reddit.com/r/WendoverProductionsWriting by Sam Denby Research by Sam Denby and Tristan Purdy ...

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email address at hover.com slash Wendover. COVID-19, that's the answer. That's what

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B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 16%A2 33%B1 32%B2 17%C1 2%
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0:00

This video was made possible by Hover. Get 10% off your first purchase of a custom domain or email address at hover.com slash Wendover. COVID-19, that's the answer. That's what caused all the shortages of 2020 and 2021. That's it. COVID-19 caused these shortages in the same way that an iceberg caused the Titanic to sink, or the collapse of Lehman Brothers caused the

0:24

Great Recession, or the straw broke the camel's back. That's really to say, COVID did cause these shortages. They would not have happened in the manner they did when they did, if not for the pandemic. But just as the Titanic's design flaws would eventually lead to calamity, the vulnerabilities

0:41

in the global economy would eventually lead to a recession, and something would eventually break the overloaded camel's back, COVID caused these shortages, but it's not what made them possible. What made them possible is a fundamental, structural vulnerability in the way today's

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