Shervin Pishevar is one of the people who has made significant contributions to the growth of the US economy. By supporting the growth of some of the biggest companies in the country, there is no doubt that he deserves recognition when he talks about matters of finance and economics. As a successful investor, he has had to make brilliant decisions that are backed by the performance of the US economy. His advice should, therefore, be treated with the seriousness deserved since it might be the difference between a successful and a losing investment. Shervin Pishevar uses the social media a lot to engage his followers.
Shervin Pishevar has engaged his followers in a tweet storm that contained 50 successive tweets. The tweet storm lasted for 21 hours and revealed a lot about the US economy. He believes that the economy is not headed in the right direction and he predicts that a financial crisis will soon hit the country. There are credible signs from the performance of the stock market, bond market and major assets. Shervin projects the equities market to lose over 6000 points and drive the economy to the downside.
Shervin Pishevar has also indicated that the country will also be performing badly in other sectors. He points out that the US will lose the infrastructural prowess to China. He cited an example where China is now building a railway station in nine hours. The US continues to lag in infrastructure development, a development that he relates to poor decisions made by the government and private companies.
Shervin Pishevar also used the tweet storm to show that the country will soon suffer due to a decline of the Silicon Valley as the best innovations hub. Shervin has predicted that the Silicon Valley will lose its glory as many countries come up with their Silicon Valleys. Today, it is not about coming to a physical location in the United States. Silicon Valley is an idea that many countries are striving to implement. In the future, the immigrant talent coming to the United States will go down significantly, and the US will face stiff competition from other countries.
The people who know Shervin Pishevar know he is an American, but they also know his family comes from Iran. Mr. Pishevar has always been ahead of the curve when it comes to tech innovations. In 2015, he was one of Obama’s pick to sit on the J. William Fulbright Foreign Scholarship Board. In 2016, he was an Ellis Island Medal of Honor recipient. And he was a state department ambassador. But Shervin Pishevar is not a seasoned politician. He is a high-profile investor and entrepreneur who knows how to make money and contribute to the economic health of the nation.
Pishevar hasn’t been as vocal as he was a few years ago, but all that changed when he went on a Twitter rant that kept his Twitter followers entertained for 21-hours recently. Mr. Pishevar didn’t rant about one particular issue. He let loose. His twitting thumbs gave everyone a dose of Shervin Pishevar’s thoughts about the economy, bitcoins, the stock market, Silicon Valley and China.
According to one Shervin Pishevar tweet, the value of one bitcoin will drop in 2018. Shervin thinks the value of a bitcoin should be in the $2,000 to $5,000 range going forward. He also told his followers that the stock market is ripe for an adjustment. A 6,000-point adjustment. And he let everyone know that China’s infrastructure initiative is going to give China the economic advantage it needs to be the most powerful country in the world in the next couple of years.
But Shervin Pishevar also didn’t hold back when his tweet about Silicon Valley hit cyberspace. He thinks Silicon Valley will be less relevant on the world’s tech innovation stage in the future. And he took a tweet-like swing at Apple, Microsoft, Facebook, Amazon, and Alphabet when his tweet put them in the monopoly category. Shervin believes those companies have as much political and social power as some nations.
No one is sure why Pishevar decided to go on a Twitter rant now. But there is speculation that he wants to show the world he has what it takes to make economic and political predictions that come true.