It has not been long since Shervin Pishevar took on the US government with some controversial tweets on social media. He accused the government of neglecting some important factor that used to contribute to the country’s economy in the past. The negligence of which he alleged the government has led to the dragging of the country’s economy to the extent that it could soon be overtaken by other upcoming economies like the Chinese. China’s economy is growing rapidly due to the strong relationships that it has established with the developing countries. These countries have changed their priorities regarding imports and other factors of international trade to focus on China. With this trend, Shervin Pishevar predicts that China could soon overtake the United States in its Superpower title.
Shervin Pishevar also criticizes the government for allowing a few organizations in the industry to control the economy of the country. He states that the monopoly that has been allowed on some multinational firms has discouraged the investors from starting up businesses because they impose unfriendly regulatory requirements that scare them away from the industry. Some of the firms that were mentioned were Facebook, Amazon, Apple, Alphabet, and the Microsoft.
Shervin Pishevar also expressed his agitation for the value of bitcoin. He indicated that the bitcoin is expected to depreciate soon. However, the value of the cryptocurrency is expected to rise again and finally stabilize at the value between two thousand and five thousand dollars. This was quite astonishing to hear especially to the bitcoin investors. Shervin continued to criticize the way the bond market had been behaving. He states that the volatility of the bonds was becoming riskier and it would, in the end, affect the performance of the whole of the equity market. He was very quite categorical stating that this would not take too long to happen; it was a matter of weeks if not days.
Since then, Shervin Pishevar had remained silent until the recent appearance on Twitter.