Shervin Pishevar’s State of the Union: A 21 Hour Twitter Discourse

Yet he returned to the spotlight in February in an all-encompassing tweet storm that covered everything from bonds, bitcoins, infrastructure, and Elon Musk.

The plummeting stock market seemed to be the impetus behind the 21 hour discourse. After the stock market’s February fall, Pishevar tweeted a series of fifty points detailing his market predictions. As 2018’s gains were wiped out with the stock market’s fall, Pishevar posited that 2017’s gains will also be wiped out due to “rising interest rates, increasing credit account deficits and tax giveaways.” He went on to argue that the practice of quantitative easing may have helped reset markets but has been used too many times to be effective. Quantitive Easing [sic] is only thing that has ever had long term predictable results out of their toolset. Don’t be fooled by it.”

Shervin Pishevar then turned to the future of the bitcoin (“Bitcoin will continue to crash but stabiliza at 2-5k range and begin a more stable rise over next 24 mos’s”) and the sad state of US infrastructure (“Meanwhile our infrastructure is in tatters, decrypt and decaying. Our government and companies are trapped in short term thinking.”). On a more positive note, Pishevar believes that crumbling infrastructure will create at least one positive result for Virgin Hyperloop, of which Shervin Pishevar is co-founder: “Moonshot like SpaceX + Virgin Hyperloop One rise but they suffer derision until teams will it to reality. Exceptions to rule.”

The ideas Pishevar expressed on Twitter do not represent new ideas. He has expressed them all before. Still, they are still worth consideration. Shervin Pishevar’s 2008 prediction regarding Facebook’s eventual identity crisis proves his canny ability to predict the future. Somewhere within his 50 tweets is sure to be much more than just a grain of truth.

https://www.indiatoday.in/topic/Chairman-Shervin-Pishevar

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