Following his unending words, you have probably come across this man, Shervin Pishevar, in various social media platforms. As, such, it is not surprising at all how he went ranting in a tweet storm for 21 hours and over 50 messages on predictions of a possible decline in the U.S economy.
Among the many issues, Pishevar, the founding father of Sherpa Capital discussed in this particular tweet include bitcoin, bonds, immigration, and SpaceX. According to him, bitcoin is likely to experience a significant drop off between 2,000 and 5,000 dollars. It will then start rising bit by bit.
From the predictions of the coming financial storm as a result of a drop in the stock market, the early Uber investor touched on the crippling situation of Silicon Valley. The tech crunch also expressed his thoughts on a wide range of other issues that are likely to affect the U.S economy. Some of the problems Shervin Pishevar predicts are;
The expected continuation in the ongoing bitcoin crash.
The United States is losing dramatically to countries like China, especially on matters involving infrastructure developments.
The likelihood of bonds volatile nature extending across other significant markets.
How California has lost its firm grip on technological innovations and cultural stability.
An extensive reduction in the stock markets by 6,000 points is on the way.
The big business organizations in the U.S will continue gaining more power due to the low rates of new business start-ups.
Notably, the 21-hour tweet storm happens to be Shervin Pishevar’s first public statement since his resignation in December following a series of sexual harassment allegations. Having been off the public eye for a considerable period, Shervin’s come back with the two-day extravaganza is quite significant. It is hard to determine his motivation for re-emergence into the limelight. Some see revenge as the motivating factor on those who tainted his excellent reputation.
Uber is the top global app in 2 categories. Many people in the US forget how global Uber is – compared to many of our competitors. https://t.co/6mH8LkK5Ct
— Allison Barr Allen (@abarrallen) December 23, 2018
Over the years, Shervin Pishevar has greatly contributed to the world of investments through his helpful insights and analysis reports on various industries. In most cases, his predictions are always true. As such, despite painting a dying picture of the state of the U.s economy in his messages, every investor who wishes to succeed should heed his warnings and prepare accordingly.