A Few of Shervin Pishevar’s Grim Predictions Expressed on Twitter

After more than two months of not sending out tweets, Shervin Pishevar let out a rant that lasted 21 hours. It included 50 points that touched on different topics like the stock market, bonds, technology, and bitcoin. For the most part, Shervin Pishevar had some grim predictions about the future of the US economy.

This Twitter rant came in response to a drop in the stock market on February 5, 2018. In fact, it is one of the biggest drops that the stock market had seen in years. Shervin Pishevar expressed concern about that drop and had a grim forecast saying that things were going to get even worse. He feels that the stock market is going to continue to experience slippage, predicting that it will lose an aggregate 6,000 points in the months to come.

One of the solutions that the government often uses to fix a decline in the market like this is quantitative easing. After his prediction, Shervin Pishevar said that people shouldn’t be surprised if leaders start talking about using this tool. However, he said that no one should be fooled by it. He thinks it is a tool that has been used too many times in the past and will not continue to be effective.

Another point that Shervin Pishevar made in this Twitter rant had to do with the entrepreneurial spirit becoming borderless. In the past, Silicon Valley was an area that had a stronghold on ideas and talent. It was backed by investors. However, this entrepreneurial spirit is something that is starting to be seen around the world. One of the examples he gave was about a train station being constructed in China in under 10 hours. Talented individuals from other countries no longer need to come to the US to get their ideas going. This is something that’s good for the global economy. However, it is not good for growth in the United States.

It seems like the bull’s-eye that Shervin Pishevar is getting at through the 50 tweets he sent out basically have to do with realizing that a new system needs to be built from the ground up.

https://medium.com/@shervin

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