There's no reason to think that we are 'just getting started'.

We know what the system looked like before, and post-pandemic, there's no reason to believe it wouldn't return to that state. Aside from some ongoing pandemic measures, by and large, we should see things mostly settle into the system that already works.

It's just going to take some time to clear. In the meantime, most things are working well enough.

Much of the inflation we are seeing is a function of 12 years of mass money printing and pandemic response, if it were not for that, the pricing issue wouldn't be so acute.

If there is a 'new normal' it will due to monetary issues - the adjustments in supply chains I think will be incremental, with a few strategic changes i.e. TSMC in Austin etc..

Agreed, good point. I should have said "we have been faring relatively well [so far]"

Just you wait until China pulls a Crimea on Taiwan.

There go our semiconductors, this time for real.

Well at least we will be going back to writing everything in C and squeezing everything out of our old legacy chips because what else can we do? Maybe the Intel/IBM/Globalfoundries fabs in the US can continue producing whatever last gen chips they are capable of.