Category: Financial

Shervin Pishevar Details Why He Feels The U.S. Economy Is In Decline During Twitter Storm

The man who once led the impressive drive by Elon Musk to build the Hyperloop technology established by the SpaceX founder and now headed by the Virgin supremo Sir Richard Branson, Shervin Pishevar has recently detailed his belief in the failing of the U.S. economy. The experienced investor who led the rise of Uber spent much of his 21-hour Twitter storm detailing just why the U.S. economy is set for a nosedive it is unclear whether Pishevar feels it will recover from.

At the start of the Twitter rant, Shervin Pishevar set out why he feels the U.S. markets can expect a drop of around 6,000 points in the coming months and fall far behind China in the race for technological advancement. During the Twitter storm, Pishevar detailed the fact he felt the financial markets would be falling in the coming months because of a number of factors including the crumbling infrastructure of the nation.

A decline was a theme of the Twitter rant of Pishevar as he also stated his belief in the fact the days of Silicon Valley’s dominance were over due to the ongoing growth in technological advancement in other parts of the both the U.S. and the world. As an angel investor and entrepreneur, Shervin Pishevar understands the problems facing startups and tech companies from across the nation in the face of the five most powerful technology companies in the U.S. Pishevar believes the giants of Amazon, Apple, Alphabet, Facebook, and Microsoft have too much power and are responsible for the slow rate of growth recently seen in Silicon Valley.

There are many other problems facing the U.S. economy but Shervin Pishevar restated his belief in the success which can be achieved when visionaries willing to put the hard work in over the coming years. Pishevar reserved his praise for SpaceX founder Elon Musk and Virgin Hyperloop One owner, Sir Richard Branson who he believes are working in the face of the derision of their more traditional rivals.

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