Shervin Pishevar sounded off on Tweeter with a tweet rampage. The tweets covered a range of subjects from America’s failing infrastructure to some bright spots in the future.
Pishevar is a co-founder of Virgin Hyperloop. It was one company that received praise. Another company was Musk’s SpaceX. Pishevar believes these types of businesses are innovative and will survive the pending rocky road that is being paved ahead of us.
Do you like bitcoin or other virtual currencies? Shervin Pishevar thinks the fall of bitcoin will continue, but eventually, it will begin to climb. The roller coaster ride may take two years, but in the meantime, gold will increase.
Money that is cheap to get will be a distant memory. Things that will erode it are the global spread of inflation, the crash of the stock market, and unemployment or low paying jobs.
Shervin Pishevar predicts a stock market decline of a total of 6,000 points. He went on to point out all the earnings of 2018 have vanished, and he figures it won’t be long before the 2017 revenues are gone too. Issues that are not helping the economy are the unfair tax structures or freebies, a disproportionate number of failing credit accounts, and skyrocketing interest rates.
The once shiny Silicon Valley has lost some luster. In tweet number five, Pishevar sums up how not so long ago young talent would flock to the Valley, but opportunities are globally available to all of them now. Movements like this will slow the US growth.
The giant companies like Google, Amazon, and Apple have been playing a game that is coming back to haunt them. The biggies tend to buy up smart and innovative startup companies before they take off. This practice worked for a time, but it will prove to be harmful in the end. His sixth tweet covers his so-called unicorn theory.
US government bonds used to be able to adjust the market. The central banks would purchase the bonds. Shervin Pishevar second tweet covers how this process has become antiquated and is no longer supported in today’s economic world.
Shervin Pishevar shares many more ideas to get anyone thinking about the future of employment, stock markets, and the global economy. His Tweeter feed filled with 50 tweets, and there is no telling when or what the next 50 will hold.