STORY AT-A-GLANCE
- Edward Dowd is a hedge fund “guru” and former equity portfolio manager for the largest asset manager in the world, BlackRock. Over the past two years, Dowd has courageously come forward to awaken people to the collateral damage of the COVID pandemic
- A global financial collapse is a mathematical certainty. Dowd predicts the collapse will begin in earnest within the next six to 24 months
- COVID provided cover for central banks and governments, allowing them to temporarily hide the reality that the financial system is crashing
- COVID also allowed for the erection of a control system to shield governments and central banks from the fallout from collapsing food, energy and finance systems. It allowed them to restrict travel and introduce digital IDs and central bank digital currencies by linking them together with vaccine passports
- Insurance companies report a 40% increase in excess mortality among working-age adults during the fourth quarter of 2021. Millennials aged 25 to 44 had an 84% increase in excess mortality in that same timeframe. Since the rollout of the COVID jabs, the number of Americans who claim to be disabled has risen by at least 10%, possibly more
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.
An Education in Booms and Busts
Dowd became interested in finance right out college. He got a job with HSBC Holdings, the largest bank in Europe, as an institutional, fixed income salesperson, selling bonds.
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After that bust, the Federal Reserve went back to printing money and, in 2008, the real estate bubble burst, resulting in a massive recession. I describe the forces at work — then, and now — in “Who’s Behind the Economic Collapse?” At the time of that economic collapse, Dowd was working for State Street Investment Research, which was bought up by BlackRock.
Asset Managers and the Global Cabal
To many, BlackRock appears to play an important role in the globalist cabal’s effort to usher in The Great Reset. Dowd, having signed a non-disparagement agreement, is not free to discuss his views on BlackRock, but he can talk about similar players, such as Blackstone and Vanguard, the latter of which is a similarly sized institution.
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Kicking the Financial Doomsday Can Down the Road
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.
The Federal Reserve system, which is a debt-based monetary system, was created in 1913, the same year the IRS and tax system were created. The system of creating money through debt is inherently fraudulent. In the early days, banks would lend the debt and the debt would find its way into different areas of growth, which would then get overheated. Fraud occurred because money was too easy, but it was mostly free market fraud.
In the late ‘90s, corporate fraud took over and we had a 50% stock market correction. The Federal Reserve responded by turning on the money spigot: They lowered interest rates and the money found its way into the real estate market, which turned into an unsustainable bubble.
Real estate was being hypothecated through collateral debt obligations and mortgage-backed security. Wall Street levered up 20-to-1, 30-to-1 on their balance sheets to make money and thought the party would go on forever. But inevitably, the Fed started to raise interest rates and the whole thing collapsed.
According to Dowd, the problem with this bank fraud was that it was systemic in nature. The central banks had to step in and buy this fraudulent debt. So, this fraud still remains, today, on the Federal Reserve’s balance sheet, and on the balance sheets on countless other banks. In other words, the fraud didn’t go away. It was just baked in and hidden.
Financial Collapse Is 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.
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A Question of When
Dowd believes the initial financial collapse will occur within the next six to 18 months, or at most 24 months. If stock markets become seriously unhinged and we start getting declines of more than 40% in the indices, the Federal Reserve may start buying stocks outright, which will result in a neo-feudalism system that will only magnify already existing discrepancies between the have and the have nots.
