Tag Archives: Shervin Pishevar

Shervin Pishevar Forecasts Dark Days Ahead for US Economy

Co-founder and former managing director of Sherpa Capital, Shervin Pishevar, took to Twitter to express concerns over the recent drop in the stock market and forecasts some dark days ahead for the US economy. Shervin Pishevar is well-known in the Silicon Valley area and from coast-to-coast as a successful venture capitalist, entrepreneur, and super angel investor. He has operated and funded many technology companies, like WebOS and HyperOfffice.

Social media was in an uproar after Shervin Pishevar tweeted 50 points in just 21 hours. Some of the topics he touched on included bonds, bitcoin, immigration, and companies like Virgin Hyperloop One and SpaceX. His main concern is about the future of the monetary system in the United States. In early February 2018, the Dow shed 300 points in only 15 minutes. There was nothing that investors, brokers, and even the president could do about the problem. In one of the tweets, Shervin Pishevar mentioned that the government typically uses bonds to correct the market after a significant drop. However, he warns that quantitive easing should not fool anyone since it has been overused.

Shervin Pishevar believes that things are not going to go the way investors hope for and that a whirlwind is about to hit the US economy. He predicts that the market will drop another 6,000 points. There are several reasons why he feels that this drop is going to happen. One of the things he mentioned is that the era of cheap money is dead. The stock market is crashing, inflation is spreading, and underemployment is hardening into systemic economic stasis.

In one of his tweets, Shervin Pishevar mentioned that he feels that the value of gold is going to rise. But he feels that bitcoin is going to crash and then re-stabilize over the next year or two.

Should his warnings be taken seriously? For one thing, he has made predictions about economics in the past that have proven to be true, particularly about Facebook and the crisis it experienced. Additionally, he was appointed to the J. William Fulbright Foreign Scholarship Board back in 2015. He has many responsibilities and has much experience as an entrepreneur.