Shervin Pishevar says irresponsible U.S. fiscal and monetary policies could drive surge in municipal bankruptcies

drive surge in municipal bankruptcies

Shervin Pishevar has built a career on his in-depth financial expertise. The entrepreneur and venture capitalist has spent the last 20 years building companies from the ground up and providing the early-round financing to help others do the same. Through his venture capital firm, Investment company, Shervin Pishevar has helped to launch some of the biggest names in the tech industry, including Virgin Hyperloop, Uber and Airbnb.

But it is in the realm of social media that Shervin Pishevar is gaining the widest audience. With a Twitter feed that features more than 100,000 followers, Shervin Pishevar is among the most influential figures in the world of tech. In a recent 21-hour tweet storm, he unleashed a number of diatribes against the irresponsible policies of both the Federal Reserve as well as the federal government itself, warning about the long-term consequences of fiscal and monetary carelessness.

Bankruptcy looms for Chicago, Hartford

Shervin Pishevar argues that one of the biggest impending crises that no one ever talks about is the looming bankruptcy of Chicago, one of the biggest cities in the United States in terms of its economy. While Pishevar says that the crisis currently unfolding in Chicago can be squarely blamed on the towering recklessness of years of Democratic rule, he says that a large part of the city’s problems can also be traced back to the crazy policies of the Fed.

Pishevar says that cities like Chicago have been unable to realize the gains they had projected throughout the last decade with respect to debt investments. This is because the Federal Reserve has artificially suppressed interest rates to such an extent that saving money has become almost financial anathema.

Pishevar says that city pension funds have now missed years and years of compounding and are sinking ever further behind, causing unfunded liabilities to mount and hurling Chicago teacher, police and firefighter pension funds towards the brink of insolvency. At the same time, he says that attempts to tax their way out of the crisis are not likely to go well as taxpayers will quickly realize that paying current dollars for past obligations are not adding anything to their lives.

https://www.linkedin.com/in/shervinpishevar

The Leadership of David McDonald

David McDonald hails from the Midwest. He was born in Iowa. He went to college and earned a degree in animal science. After graduation, he began working in the food production business. He has experience with being in a leadership position. Before joining OSI Group, he lead the North American Meat Institute as their chairman. When he came to OSI Group, he began working in product management. He then moved onto being the president of the entire company.

David McDonald has led OSI Group in its efforts to expand its portfolio of brands. He led the company with their acquisition of Baho Foods. Baho Foods is a Dutch company that is known for processed meats. Because of this acquisition, OSI Group is able to deliver more meats and reach more of their European market. The president has also been able to establish factories that work to produce poultry. These poultry facilities cater to several chain restaurants. The president knows this is a good deal for the company. It allows the company to meet the growing demands in their European market.

David McDonald has an eye for the future. He wants to push OSI Group down a path that allows it to be able to continue to please their worldwide lists of customers. One of the ways the president is making sure this happens is due to sustainability. He wants the food production company to be understanding of their impact on the environment. He wants to bring innovative measures to the company that will result in solutions that allow the company to operate its sixty five facilities in an environmentally conscious way.

For three decades, this president has seen OSI Group flourish into the food leader it is today. The company has been able to experience tremendous growth due to the incredible business practices employed by the businessman. In addition, the company has exploded with growth because it always keeps one thing in mind and that is serving the customer with quality. As the company continues to launch more meat and non meat selections, David McDonald will guide the company to new financial goals, new technology advancements and being the leading sustainable food company.