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Shervin Pishevar graduated from the University of California with a Bachelor’s Degree in Interdisciplinary Studies. He has founded and operated technology aided organizations including the social gaming network and hyper office among others.
He serves as the entrepreneurial ambassador n state department delegations and the foreign scholarships Board. Shervin Pishevar was also chosen by the government as the Outstanding American by Choice and selected as the Ellis Island Medal of Honor award winner.
After the United States recent market drop, Shervin Pishevar come back to the limelight posting a fifty point tweet opinion stating the reasons for the market failure. It is not the first time that he created an internet traffic, but this time he showed his ability to beak or create companies in the market.
In his rant, Shervin predicts that the market will drop consequently by 6000 points in the months into the future. This is because of the financial challenges that most operating companies expect to face. He also indicates that the unpredictability in bonds will wave through the rest of the market due to the uncertainties of the global trade deal.
Additionally, he talks about the falling of bitcoin. He predicts that bitcoin will continue failing due to unavailability of cheap money, spreading inflation, underemployment and crashing stock markets. It will however stabilize after a period of twenty four months.
Shervin Pishevar goes ahead to claim that silicon valley is no longer the mother of technologies. He states that silicon has lost its competitive superiority to upcoming innovations like entrepreneurship.
To add on that, he claims that in the near future, the United States will lose to countries like China in terms of development. He states that the infrastructure being in shreds, decrypt and crumbling due to short term thinking.
Finally, he indicates that monopoly is still far from being eradicated. Huge companies will progressively have too much power over new startups due to market restrictions.