Twitter rants are nothing new, but for the financial world, a Twitter rant can bring up more attention to issues and discrepancies that others would often not think about. This week, Shervin Pishevar was the person who would give his two cents about the various problems and downfalls of the financial situation in the country. This was one of the first times that Pishevar has taken to social media to express his thoughts publicly.
Happy Independence Day. America is a young and great nation. Our potential is still unborn. Patriots will endeavor to love their nation through the good and bad and draw us towards the better angels of our nature.
— Shervin Pishevar (@shervin) July 5, 2018
In the past, Pishevar was someone who led a relatively quiet life, away from the public eye. One of the only times when Shervin Pishevar did rank up media attention was when it was revealed that he was an early investor into Uber. He was also known for being the founder of Sherpa Capital, a company that stood out for being one of the top investment management agencies in the country. He had departed from the company last December and was now on his way to partaking in new financial ventures.
The 21-hour-long twitter rant started out with Shervin Pishevar talking about the inevitable financial storm that was coming our way. He stated that he was expecting a significant drop in the aggregate in the coming months, and then proceeded to talk about his reasoning behind this. His initial tweets seemed to divulge into the matter of inflation and stock market crashes. With the numerous changes in market scenarios, he expects that the country will soon fall into an era of economic turmoil.
One of the other topics that Pishevar touched on during this rant was the fall of the bitcoin. He spoke about how the cryptocurrency market will decline over the next two years and then will start to see a steady upward climb.
The tweets also touched on the topic of changing employment aspects and structural offices. One of the tweets spoke about how silicon valley is no longer a physical place because of the vastness of the web and the enablement of online platforms to be able to perform work.
The final point that Shervin Pishevar tried to make in these tweets was that the United States Government needs to start now thinking long term, and not in the short term aspect as they currently do.