The REASON there are no GPUs, CPUs, PS5s, XSXs... the Global Shipping issue impacting EVERYTHING.

No one can get anything shipped because all the containers are stuck in US and Europe. There are delays at the ports, and ships are waiting to get cleared and get unloaded. Some ships are waiting one to two weeks at port waiting to get cleared. Prices are also at record highs for free containers worldwide as there is a shortage of containers, and ships are actually departing without a full load of containers. Shippers are also choosing the US China route over the US Europe route because it makes more money. There are also less incentive for shippers to come back with empty containers because there isn't the same demand for US/European goods in China as there are Chinese goods in US/Europe.

Chapters -

0:00 Intro
0:40 The Global Shipping Issue
3:57 Containers stuck in US and Europe
5:54 Uneven trade flows exacerbate issue
7:32 PS5 and XSX uses air freight to alleviate some of the issues.

Sources -
ME!

Nikkei Asia Story on Shipping
https://asia.nikkei.com/Business/Transportation/China-shipping-logjam-chokes-Christmas-in-US-and-Europe

The Edge Markets on Shipping situation
https://www.theedgemarkets.com/article/no-easy-solution-global-container-shortage

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