As the price of Bitcoin keeps dropping, many people are beginning to put stock into the grim predictions of entrepreneur Shervin Pishevar. Over 2 days in early February, Shervin Pishevar took to Twitter to deliver his thoughts and opinions on the economy both in the United States and globally.
Delivered through 50 tweets, the 21-hour tweet storm left a lot of people shaking their heads. With predictions from the crash of bitcoin to the rise of China, there were a lot of concerning and controversial topics covered during Shervin Pishevar’s rant. The early investor in Uber has been correct in many of his predictions in the past so many aren’t taking what he’s saying lightly.
One of the huge concerns that were addressed in Shervin Pishevar’s Tweet storm is the problems with the infrastructure in the United States. For decades residents of the US have spoken about the crumbling infrastructure such as bridges and roads along with the problems in public transit that plague many cities. He brings up an example in China where they managed to build an entire train system in just 9 hours due to proper planning and execution. With efficient construction times like this, it’s difficult to understand why many of the US infrastructure projects tend to take months and sometimes even years to complete. While other global powers are focused on long-term goals, the United States and their businesses are stuck only focusing on the present and immediate future by only thinking in the short term.
He does later go on to explain that there are exceptions to the rules, but they are very rare. Shirven Pishevar brought up Elon Musk and the great success he has had with the Space X and Virgin Hyperloop programs.
Due to the US’ obsession with short-term prospects, projects on these scales are generally hard to get off the ground as many companies lack the willpower needed for them to succeed. To keep the US from crumbling in the future, action needs to be taken now.