Shervin Pishevar has been treating his Twitter followers with a series of tweets that seem to be making sense at some point while others look too much out of the way. In his 21-hour twitter storm, the founder of Sherpa Capita highlights some critical information about various policies and emerging market trends that are facing the economy of the United States and the world at large. He is an investment guru, and some of his information is based on facts which mean that he should be taken seriously. He is not like any other columnist who has no practical knowledge in various matters.
In one of his tweets, Shervin Pishevar, notes the monopoly in the United States economy is overwhelming and that there is no space for other small companies to grow in the future. He highlights that the current monopolistic tendencies demonstrated by various organizations can be related to what Silicon Valley used to be regarding innovation before other competitive areas emerged. The investment mogul notes that Facebook, Apple, Microsoft, Amazon, and Alphabet are modern day monopolies that are controlling the United States economy and any other market trend.
According to Shervin Pishevar,the problem with the current state of monopoly is that the big five have taken upon themselves to determine the prices of goods and services while at the same time influencing consumers to behave in a particular manner. This means that our freedom of choice has been denied because somebody somewhere has chosen the way we should act, what we should purchase, and at what price we should purchase that product. That is modern day colonization that should not be entertained.
To make matters worse, the government is doing nothing about it. There is a misconception in the current administration that all is well and that the economy is exceptional under the control of these monopolies. Worse enough is that these companies are even getting government subsidies such as tax rebates which are giving them the more financial muscle to control the economy. Shervin Pishevar notes that this trend should change and the government should encourage a free market where small organizations can operate without extreme competition from monopolies.