In the world of tech finance, no name stands taller than that of Shervin Pishevar. The longtime venture capitalist and entrepreneur has been intimately involved with the creation of dozens of some of the most well-known brands in the tech industry. As the founder and president of Investment company, he has participated in the early financing of such tech giants as Uber, Airbnb and Virgin Hyperloop. He has also founded a number of successful startup firms by himself, notably, WebOS, Ionside and Social Gaming Network, to name just a few.
But Shervin Pishevar is perhaps best known throughout the nation as a whole for his frequent discourses on matters of national importance. Shervin Pishevar operates a Twitter account with more than 100,000 followers, including some of the most prominent minds in technology, finance and economics. His tweets are frequently retweeted, and a number of them have gone viral.
In a recent tweet storm, which lasted nearly a full day, Shervin Pishevar discussed a number of topics that he sees as being of immediate importance to the future of the U.S. economy. One of those topics is the likelihood of a Venezuela-style collapse being brought about by a combination of terrible monetary policy and a confluence of demographic trends, mixed in with a general decline in the overall social and human capital of the country.
Shervin Pishevar says that the Federal Reserve has already inflated a bubble that spans nearly every asset class. He says that when this bubble inevitably pops due to a massive contraction in credit, the Fed will frantically attempt to reflate it through more quantitative easing. This, says Pishevar, is likely to lead to hyperinflation.
1/ Some thoughts on financial storms I seeing brewing ahead. I expect 6000 point drop in aggregate in months ahead. Here’s why.
— Shervin Pishevar (@shervin) February 6, 2018
At the same time, massive demographic shifts in the U.S. population have meant that the American workforce is slowly becoming less productive, less educated and generally less capable. Pishevar points out that while America floods itself with uneducated and, some would argue, uneducable third worlders, China suffers from no such defect. Inevitably, he believes that China will competitively crush the United States in every realm, dethroning the once-mighty hegemon and sending the country down among the sorry ranks of the so-called developing world.