In this video, I interview Edward Dowd, a hedge fund “guru”1 and former equity portfolio manager for BlackRock, one of the two largest asset managers in the world, Vanguard being the other. Over the past two years, Dowd has courageously come forward to awaken people to the collateral damage of the COVID pandemic.
For example, in early March 2022, Dowd shared mortality statistics on Steve Bannon’s War Room,2 showing Millennials aged 25 to 44 had an 84% increase in excess mortality during the fall of 2021.
Lately, I’ve written many articles discussing the coming financial collapse. Worldly signs all point in that direction, and according to Dowd, it’s a mathematical certainty.
“Then, governments, because the economy collapsed globally, started spending like drunken sailors,” Dowd says. “The last 12 years have been a ballooning of what I call the central bank-government bubble, the sovereign debt bond bubble.”
Who’s going to save that bubble? Who’s going to be the buyer of all that debt when this bubble finally blows up? Answer: No one. Many who are aware of the situation are just surprised the system has lasted this long.
It looked like it was ready to burst in 2019, and then, conveniently, COVID showed up, which granted emergency powers to all central banks. Governments went on another spending spree, printing money, and this allowed them to kick the proverbial can down the road for another two years.
“Here we are in 2022 and it’s unraveling again,” Dowd says. “And the reason why COVID was important is because the Federal Reserve was able to plug the hole in what was beginning to become a liquidity debt crisis.
They printed 65% more money. The money stock went up 65% year over year in 2020, and that was able to paper it over. Then, when the economy was shut down, it was an external shock, not in the internal shock, so when they reopened with all the money in the system, we had a recovery for a year and a half. Stock markets went crazy, credit markets went crazy, and we went back up again.
But here we are two years later, [with] inflation caused by the bad policies of the Biden administration, the EU, the money growth … also, COVID broke a lot of supply chains … Basically, we hadn’t had inflation in goods and services for the last 12 years. We had inflation in assets, stocks and bonds.
COVID provided cover for the central banks and the governments, but it also allowed for a control system. If everything’s going to collapse, wouldn’t it be nice to have a control system where travel is restricted, you can blame it on a virus, you create vaccine passports, which then get linked to digital IDs, and then central bank digital currency. So, I think COVID was a convenient excuse.
As we roll through time, I’m starting to think this was a plan. I don’t have evidence, but the fact that we’re not stopping what’s going on suggests to me that it’s a conspiracy of interests, and they don’t want to stop the rollout of these vaccines.
And the longer this goes on, the more convinced I become that COVID may have been a plan. I used to say it was a convenient excuse, but the longer this goes on, the more ridiculous this becomes. So, I think there was ill intent.”
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