Ed Dowd worked for some top notch firms. He was one of the outspoken ones calling the tech bubble during the dot com boom and leveraged this into a job at Blackrock, becoming a very successful portfolio manager from 2002-2012.
Says global debt bubble at peak, we're at the end.
Believes govt. response with medical tyranny is a way for them to prevent riots when SHTF
Pfizer/Moderna fraud is modern day Enron
He likens the FDA to the 3rd party ratings agencies that perpetuated the fraud with AAA ratings during the 2008 Global Financial Crisis. 50% of FDA budget comes from large cap pharma (uses Buffett's phrase "Institutional Imperative")
FDA along with Pfizer trying to hide clinical data
Excellent point about fraud nullifying all contracts. If Pfizer think they can hide behind a bit of legalese when people start realizing how many deaths they've caused, they live on another planet.
Ed Dowd worked for some top notch firms. He was one of the outspoken ones calling the tech bubble during the dot com boom and leveraged this into a job at Blackrock, becoming a very successful portfolio manager from 2002-2012.
Says global debt bubble at peak, we're at the end.
Believes govt. response with medical tyranny is a way for them to prevent riots when SHTF
Pfizer/Moderna fraud is modern day Enron
He likens the FDA to the 3rd party ratings agencies that perpetuated the fraud with AAA ratings during the 2008 Global Financial Crisis. 50% of FDA budget comes from large cap pharma (uses Buffett's phrase "Institutional Imperative")
FDA along with Pfizer trying to hide clinical data
Actuarials/Insurance companies starting to see things. References One America (Indiana Insurance company that saw a 40% increase in all cause mortality) https://www.thecentersquare.com/indiana/indiana-life-insurance-ceo-says-deaths-are-up-40-among-people-ages-18-64/article_71473b12-6b1e-11ec-8641-5b2c06725e2c.html
References Aegon Insurance that saw an increase to $111 million in claims in the 3rd quarter 2021, up from $31 million a year prior. https://www.reuters.com/business/finance/aegon-q3-operating-result-down-16-us-covid-linked-claims-2021-11-11/
Fraud eviscerates all contracts according to case law. Makes companies liable. This will bankrupt Moderna and severely damage Pfizer.
Stocks are in a downtrend, says it's already begun. He's not shorting in order to remain neutral and deflect any accusations.
He hopes hedge funds do the right thing and short those 2 stocks. Longing = long mandates, long government control, long selling of freedoms.
@dowdedward - Twitter
EdwardDowd - Gettr
Thank you!
Excellent point about fraud nullifying all contracts. If Pfizer think they can hide behind a bit of legalese when people start realizing how many deaths they've caused, they live on another planet.