Shervin Pishevar Predicts China to Overtake the United States as the Largest Economy due to Infrastructure Spending

Shervin Pishevar, one of the prominent person in the investment industry has been analyzing almost all the sectors in the United States while at the same time touching on significant international policies that touch the country’s political class. The Uber investor has gone silent for some time now, which caught people by surprise after he entertained his followers in more than 21 hours of constant tweeting. Well, he rested during the dinner and continued his exposure in the next day touching on, one of the core issues, trade between the United States and China.

In his open and candid tweets, Shervin Pishevar indicated that the United States will lose to now one of the largest emerging economy, China, around the world. Although this has been touched sparingly by most pundits and political class in the last few years, nobody has come so openly to the point that the United States will lose to China. Many are wondering what insight Shervin Pishevar to comment on such issues while fully understanding that the country has established itself in the world as the largest economy.

However, nobody should ignore him. Being a professional investor, Shervin Pishevar might have seen what many people have seen. One of the issues he pointed out is that China is building more and modern infrastructure as compared to the United States. This is true and can be verified by anyone who might be interested in determining the authenticity of this statement. Despite building large and infrastructures in its cities and rural areas, China is doing the same in Africa through debt-funded projects.

In recent times, most of the African countries have turned to China as the source of aid abandoning the traditional donors who mostly included the United States and some European countries. This is a cause for alarm that policymakers and government should highlight an urgent matter of priority. The same investments that people are witnessing in the healthcare industry, amounting to more than $300 trillion, should be diverted to the infrastructure industry. Old railway lines should be face-lifted to increase their cargo holding capacity. Besides, the donation policy and the foreign policies should be reviewed to attract growing countries to seek a donation from the United States.

http://lanewswatch.com/2018/03/08/shervin-pishevar-hyperloop-one/

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