eggo shortage Share definition Flag when all of the eggo waffles go missing and people go crazy because there are no more waffles. "OMG!!! there's an eggo shortage? nooo!!! we need our chocolate eggos...." eggo shortage by iloveeggos November 18, 2009 0 0 Get merch Get the eggo shortage mug. Buy Now — $32.95 See more merch