Ex-BlackRock Manager: Global Financial Collapse a ‘Mathematical Certainty’

edward dowd joseph mercola feature

By Dr Joseph Mercola

In an interview with Dr. Joseph Mercola, Edward Dowd, a former equity portfolio manager for BlackRock, explained why he believes the global financial system will collapse within the next six to 24 months.

  • A global financial collapse is a mathematical certainty. Dowd predicts the collapse will begin in earnest within the next six to 24 months.
  • COVID-19 provided cover for central banks and governments, allowing them to temporarily hide the reality that the financial system is crashing.
  • COVID-19 also allowed for the erection of a control system to shield governments and central banks from the fallout of 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-19 jabs, the number of Americans who claim to be disabled has risen by at least 10%, possibly more.

In the video below, I interview Edward Dowd, a hedge fund “guru” 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-19 pandemic.

For example, in early March 2022, Dowd shared mortality statistics on Steve Bannon’s War Room, showing Millennials aged 25 to 44 had an 84% increase in excess mortality during the fall of 2021.



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.

Dowd says:

“I don’t believe they control these corporations [the companies they own shares in], but they have undue influence, which Charlie Munger of Berkshire Hathaway has written about.


“But I do believe, as concentration of market share, Vanguard and BlackRock are the biggest passive investment asset management firms. Charlie Munger had a point that it’s too much decision-making in too few hands.


Financial collapse is a mathematical certainty


“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-19 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.

Dowd says:

“Here we are in 2022 and it’s unraveling again. 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.

“What’s going on now is the real economy is feeling the effects of the inflation, the bad policies. We’re starting to see the U.S. dollar go up, and the dollar is a reserve currency of the world. Over the last 22 years, there’s been a tremendous growth in what’s called dollar-denominated debt … We have about $15 trillion in dollar-denominated debt.

“So, when you see the dollar going up, that’s indicative of a debt crisis because money’s becoming tight. There are fewer dollars out there. People are scrambling for dollars. And the reason why I think we’re imminently going to collapse is we’ve never seen a commodity inflation cycle with the dollar going up at the same time …

“You can make the case that it’s intentional because the policies are so bad that they’re shutting down energy production. Before the Ukraine War, Biden’s first executive order on Day 1 of his administration was to shut down the Keystone pipeline. So, here we are. I think we’re at the end.

“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.”

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 not’s.


Dowd, who lives in Maui, first got involved in the anti-jab fight when the mandates were rolled out. In Maui, you had to have a vaccine passport just to enter a restaurant or gym.

He says:

“I was suspicious of the jab from the get-go because I knew two things: Operation Warp-anything sounds like a disaster. Seriously. And No. 2, it was experimental, and I knew that most vaccines took seven to 10 years of safety data to be vetted before they were put into people’s arms.

“So, I just thought everybody would be like me — rational — and not take it. Then, when I saw the propaganda machine, the social pressure, I knew something else was afoot, that something was going on, and that’s when I got super involved. I started going to rallies on Maui. I started meeting like-minded people and that’s how I got hooked up with Dr. [Robert] Malone here on Maui.

“Now I’m part of the crew that’s trying to expose this crime. When I met [Malone] in October of 2021, I told him I had a suspicion there were lots of bad things going on with the vaccines … I said I would be monitoring the insurance companies and the funeral home companies, and if my thesis was correct, they’d show up in those results — and sure enough, they did.”


All-Cause mortality is a crucial endpoint for any drug

“I was using the fraud word pretty liberally in the fall of 2021 in regards to Pfizer,” Dowd says, and as soon as he saw that the FDA wanted to hide Pfizer’s data for 75 years, he was utterly convinced. “That’s prima fascia evidence of cover-up,” he says.

Now, as those documents are starting to pour out, at a pace of 55,000 pages per month, we’re coming to realize what the FDA and Pfizer were so eager to hide.

Dowd continues:


“At the end of the day, if the risk is higher than the benefit, this thing doesn’t get approved. The all-cause mortality endpoint for the Pfizer vaccine, when they touted its effectiveness, they conveniently hid that data point from everybody. It came out in the FOIA request in the fall and, again, the trial was only 28 days.

“This is also just unprecedented. So, in 28 days, there was something like 23 deaths in the vaccine group and 17 in the placebo group, which gives all-cause mortality excess of 23%. It should not have been approved on that alone. That’s fraud in my humble opinion.”

As noted by Dowd, one of the most remarkable counterarguments to come out of a fraud litigation case against Pfizer in recent months is Pfizer’s attorneys claiming that even if there is fraud, Pfizer cannot be prosecuted because the government knew about it.

“Why is this not the biggest headline in the mainstream media?” Dowd asks. “Only those of us in the echo chamber that are on top of this issue seem to know this.”

In the real world, the all-cause excess mortality demonstrated in Pfizer’s trial is turning out to be on the money. The U.K., for example, has seen excess mortality rise between 10% and 20% since the shots rolled out.

In other areas, and/or in certain age categories, excess mortality is far greater, yet the FDA and CDC are just going along with it, doing absolutely nothing to warn anyone of the risks.

Shocking increases in excess mortality

As noted by Dowd, insurance companies were reporting a 40% increase in excess mortality among working-age adults during the fall of 2021. A 10% all-cause mortality rise is a once in a 200-year catastrophe, so 40% is just off the charts.

Before the CDC started manipulating its death statistics, that too showed all-cause mortality was up by about 40%, Dowd says. The smoking gun in the CDC data was found when excess mortality was broken down by age group.

Millennials, those between the ages of 25 and 44, had a whopping 84% increase in excess mortality during the fall of 2021.


There was also a huge shift in deaths during 2021 from the old to the young, with younger people now dying at an alarming rate.

“At this point, we have evidence of the crime,” Dowd says. “What I’m shocked at is the fact that the mainstream media are still blacking this out. The good news is there seems to be word of mouth, and more and more people, because the vaccine doesn’t work, aren’t getting boosters.”

Massive increase in disabilities

According to Dowd, insurance companies are also reporting increases in disability payments for the first quarter of 2022, and both insurance companies and funeral homes are also seeing a continued rise in excess mortality.

He continues:

“In the second quarter, insurance companies are playing games right now where they’re releasing reserves, they’re increasing pricing, so, it doesn’t look as bad, but it’s still not good.

“The funeral home companies are still seeing growth above what they thought they’d be seeing. They thought they’d be returning to trend line and they’re still getting year-over-year growth. You got to remember their year-over-year growth is versus 2021.


Silver linings

If there’s a silver lining to this mess, it’s that parents are waking up to the dangers of not just the COVID-19 jab but also the childhood vaccination schedule as a whole. As of early August 2022, only 3% of children under age 5 had received the COVID-19 jab. Many are also taking a second look at other vaccines, including adult vaccines.

This is long overdue, as none of the vaccines on the childhood vaccination schedule has ever been compared to a true placebo to confirm safety and effectiveness, and no studies have been done to confirm that giving multiple vaccines simultaneously is actually safe.

“I think as this scandal collapses and unfolds, it’s going to remake a lot of our institutions,” Dowd says, “and I think that’s a good thing. I think people like yourself and others who’ve been out in the wilderness are going to be vindicated. I’ll never take another vaccine again, or a flu shot. I’m done. I’m out.”


Via https://childrenshealthdefense.org/defender/edward-dowd-global-financial-collapse-colapse/

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