If you are Shervin Pishevar, you don’t have a lot of optimism about the economy in the near future. That is what the average person would believe after reading tweets posted over a period of 21 hours in February.
Shervin Pishevar Likes Gold Over Bitcoin
The stock market is going to drop 6,000 points while the price of Bitcoin is going to drop to $2,000 according to Shervin Pishevar. This will cause a lot of volatility in bond and currency markets. Therefore, he believes that the price of gold will go up as people look for a safe haven to put their money.
Silicon Valley Is No Longer a Leader
Silicon Valley is no longer the place to go when you want to start a new company. Instead, you could simply start a company wherever you happen to live in the United States or abroad. According to Shervin Pishevar, Uber may be the last company created from scratch that will grow into a mature organization. Over the next several years, companies like Facebook and Amazon will retain control over much of the American startup landscape.
America Lacks Vision
Pishevar believes that America lacks the vision necessary to remain the leading economic power in the world. At some point, China is going to bypass the United States and take over that role. This is because the United States tends to think in the short-term while the Chinese and others have adopted a longer term strategy. Ultimately, a lack of infrastructure will cause the American economy to weaken and become less stable over time.
If there is anyone who will succeed despite the turbulent market ahead, it is Elon Musk. According to Pishevar, Elon Musk’s SpaceX will be among the companies that will innovate and be an corporate leader in the United States.