Shervin Pishevar, the founder of Sharper Capital, seemed to be optimistic and pessimistic about the future of the United States economy in his fifty tweets that took around 21 hours to complete. In a session that seemed to portray gapes in the current administration’s weakness in decision making, the Uber investor seemed to spell doom on some of the policies that have since taken center stage of the new administration. The investor uses the current state of the American economy to forecast what will happen in the next few years and the overall future of the country’s economy.
Shervin Pishevar tweets acknowledge the existing undesirable conditions such as the spreading inflation that is hurting almost every family in the country. It is true that the country has been experiencing inflation over the last couple of years. However, the government is responding by implementing radical policies that seems to rock other nations out of arguably the largest economy in the world. These policies are there trying to enclose people with higher purchasing power to small goods and services in the country, which causes inflation.
Other issues that are facing the country such as low rates of employment and the systematic economic crisis seems to be addressed by poorly formulated and implemented policies that have never worked in other countries around the world. Shervin Pishevar notes that the declining state of the country’s stock market cannot be changed through local solutions that are biased towards the progress of other nations. These trends can only be resolved by creating an open market that allows products and services from other countries.
Shervin Pishevar perceives the current trends will continue to prevail and no radical policy will bring immediate changes. However, there is grimmer of home to the economy that seems to be on its deathbed that the future means useful to the American citizens. Focusing on the growth of the United States economies should be of paramount importance rather than giving much attention to policies that will prevent the growth of other nations. However, failure in some systems should set an opportunity for different strategies to be implemented.