The Everything Shortage and Cryptos of Course - John Rubino #5162

<p>Cryptos of course are plunging. Surprise! You were warned many times on this show. </p> <p>Shortages are popping up everywhere. From today's DC links list:</p> <p>— <a href= "https://www.bloomberg.com/news/articles/2021-05-17/inflation-rate-2021-and-shortages-companies-panic-buying-as-supplies-run-short?utm_source=pocket&utm_medium=email&utm_campaign=pockethits">Companies are panic-buying as supplies run short</a> Tried buying a refrigerator lately? </p> <p>— <a href= "https://www.bakersfield.com/news/ags-latest-headache-a-shortage-of-pallets-for-shipping-produce/article_bbcc2b38-ba6c-11eb-8bbe-1bcd995b662d.html">Ag’s latest headache: a shortage of pallets for shipping produce</a>. How much is that pallet in the window?  </p> <p>— <a href= "https://www.foxnews.com/food-drink/chick-fil-a-sauce-shortage-supply-chain">Chick-fil-A suffers sauce shortage amid industry-wide supply chain issues</a> perhaps they can borrow it from McDonalds. </p> <p>—<a href= "https://www.zerohedge.com/covid-19/social-media-censorship-slammed-after-fauci-admits-possibility-wuhan-lab-leak">Social Media Censorship Slammed After Fauci Admits Possibility Of Wuhan Lab Leak</a> we are shocked and saddened. </p> <p>—<a href= "https://www.zerohedge.com/markets/tesla-found-guilty-throttling-charging-speed-and-battery-capacity-norway">Tesla Found Guilty Of Throttling Charging Speed And Battery Capacity In Norway</a></p> <p>—<a href= "https://www.zerohedge.com/covid-19/michigan-gov-whitmer-comes-clean-after-photograph-showed-her-breaking-her-own-rules">Michigan Gov. Whitmer Comes Clean After Photograph Showed Her Breaking Her Own Rules</a></p> <p>—CLO’s flying off the shelf. Sub-prime corporate debt repackaged and sold as Triple A debt. Where have we heard this before? We're at the peak of a bubble. </p>