Ed Dowd Predicts 'Global Economic Death Spiral'

Economic expert Edward Dowd described the disastrous effects of mass Covid-19 vaccination on the economy as well as how “a sovereign debt collapse is inevitable.” In fact, Dowd said we are heading for a “global economic death spiral.” Considering that Americans lost 9 trillion dollars in the second quarter of 2022 due to stock market losses, and Germany is seeing energy riots, Dowd’s gloomy prediction seems less than hyperbolic.

“‘I have talked about this extensively, and a sovereign debt collapse is inevitable. The way you know it’s occurring is watching the U.S. dollar index. That is accelerating to the upside, and the dollar is going to fail up. They will eventually try to introduce a new currency. It will be central bank digital currency or something.’”

In fact, the Biden administration has already signed an executive order to develop a federal cryptocurrency, and World Economic Forum, which is partnered with the Dutch and Canadian government to roll out a digital ID, also pushed digital currency. And just recently, “The Bank of International Settlements general manager Agustin Carstens stat[ed] boldly they will have ‘absolute technological control’ over your personal spending under Central Bank Digital Currencies.” Social credit scores are coming your way.

“I think we are seeing the greatest ever margin call ever seen in the history of the world unfolding before our eyes. What I have been telling people since January and February is we are going into a global economic death spiral.”