Shervin Pishevar ranks among the most exceptional entrepreneurs in Silicon Valley. He was among the brains that helped to create the modern-day Silicon Valley. He assisted in the establishment of many business ventures that have turned out to be multi-billion dollar enterprises. He was an early investor in the Uber Company that has already opened offices in other countries outside the United States.
Shervin Pishevar has never been shy of speaking his mind on any platform. The accomplished venture capitalist mostly uses his Twitter account to reach to his numerous followers. He lastly posted on his Twitter account in 2014. However, earlier this year, he decided to come back with a bang. Shervin started unloading his thoughts in a series of tweets where he predicted the future of the American economy, expressed his opinion on cryptocurrencies, the bond, and capitalization.
In the Tweetstorm that lasted for 21 hours, Shervin Pishevar predicted that the country is about to experience a sharp economic decline whose effect will be felt by everyone in the country. While the warnings represent one man’s opinion, Shervin’s advice on economic matters is a valuable one. For the time that he has been at Silicon Valley, Shervin has gained immense experience in financial issues, which has helped him in establishing successful business ventures.
In one of the tweets, Shervin Pishevar predicted that the stock market would drop by close to six thousand points in the coming months. Shervin pointed out that the banks have already increased lending rates while the government continues to increase the national debt. According to Shervin, the recent move by the government to approve tax giveaways to the rich could be disastrous to the country’s economy.
In another tweet, Shervin Pishevar noted that the crumbling bond market is another sign that investors have nowhere else to run to. Shervin fears that the national government will soon start introducing new money to the economy in a bid to stimulate growth.
According to Shervin Pishevar, this strategy is not likely to work since it has already lost its edge. With the decline in the bond market coupled with increasing interest rates, the investors are expected to go into panic mode thus withholding their investments.