Ed Dowd, Phinance Technologies release their reports on Covid 'vaccine' damages
International group analyzes human and economic costs of the shots for several countries
Ed Dowd is an independent researcher with a Wall Street background who built his career making unpopular but truthful calls well ahead of the herd. His impressive résumé includes tenures at HSBC and BlackRock, and his pattern of high predictive capacity includes his early awareness of the dot-com bubble and the housing market crash of the late-aughts.
On a February 22, 2023 episode of Tucker Carlson Today, he explained, “My whole career, I’ve seen fraud. I’ve seen fraud over and over again.”
He also described himself as a “lifelong cynic,” citing that disposition as a characteristic that allows him to identify scams well ahead of schedule. He explained to Carlson how he arrived, almost instinctively, at a skeptical view of the so-called Covid “vaccines.”
“It was an experimental novel technology that hadn’t been tested on humans yet, and so I did a little research, and I found that the animals didn’t fare so well in these trials … that the research was bad.”
He continued, “Operation Warp Speed sounded like a disaster to me…. Anything ‘warp speed,” you know, safety corners cut … I’m a guy that understands how manufacturing processes work, because I’m on Wall Street, and I have to understand these things, and I know that anything rushed is writ-large with errors.”
Having researched the healthcare sector deeply during his Wall Street days, he had an additional awareness that reinforced his commonsense aversion to the shots:
“It takes 7-10 years for a normal vaccine to be tested for safety before it’s put into the arms of people. We were going to do this at ‘warp speed’ time. The clinical trial only lasted 28 days.”
Whereas President Donald Trump displayed an indefatigably dense penchant for bragging about the “vaccine” rush-job, prudent observers opted for Dowd’s approach of waiting to see how they would affect others before accepting them as-advertised.
Dowd reported to Carlson that he was glad he waited, as he began to notice more people getting sick and dying in 2021 after the “vaccine” rollout than he had observed in 2020. When he witnessed the Biden regime inflicting “vaccine” mandates upon the country, he became outraged and started participating in local organizing efforts against the mandates in his community in Hawaii.
On an episode of the Flyover Conservatives podcast dated April 8, 2023, Dowd discussed his process of becoming active within the movement:
“I became very activated and went to protests, and I met Dr. [Robert] Malone, and I told him I was going to monitor insurance company results and funeral home results.”
Dr. Malone discussed Dowd’s project on several free-speech podcasts at the time, paving the way for the latter to achieve the level of exposure that would support the dissemination of his then-forthcoming research findings.
Dowd elaborated on this methodology to Carlson: “If I’m right, and people are dying above trend, funeral home stock earnings should be above trend.”
He continued:
“In the first quarter of 2022, the insurance companies reported for the fourth quarter of 2021, and they saw excess loss ratios all over the place, in what’s specifically called group life policy. And … the reason we focused on group life policy is because it’s a business that is shorter duration contracts, 1-2 years.”
He commented on the rigorous nature of insurance industry accounting, colorfully describing it as “Byzantine.”
“Group life policies reset very quickly, so we know the losses would show up there first, and they did,” he explicated.
He explained that group life policies basically amount to a “throw-away benefit” offered to youthful employees of Fortune 500 and mid-sized companies. Employees who sign on to the policies name a beneficiary to receive financial compensation in the event of the employee’s death. The age range for these employees is typically 25-44, so the practice tends to be a safe bet for the employer and highly lucrative for the insurance companies that issue the policies.
“While I was writing my book in 2022,” he said, “a report came out from the Society of Actuaries…. They surveyed 80% of the group life revenues of the country, and they found 40% excess mortality in 2021.”
He explained to Carlson, “A 10% rise [in mortality] is a once-in-a-200-year flood; 40% is unheard of.”
Group life policyholders tend to be the healthiest among us, he elaborated. The typically die at a rate of 30-40% of the general population. Not only are they younger, but they tend to be better educated, and they have to be healthier to meet the demands of full-time employment.
However, in 2021, the general population had an excess mortality of rate of 32%, 8 percentage points lower than the group life policyholder demographic. Dowd described this as a “flip in outcomes” and concluded that being employed full-time amounted to a health hazard in 2021—likely attributable to “vaccine” mandates enacted by these companies.
Carlson then asked for more details on the results of Dowd’s inquiries into the funeral home business.
“Service Corp International, which is one of the public funeral home companies, is, I think close to all-time highs in terms of stock price,” he responded.
Dowd indicated that he had listened to some of their publicly available conference calls and discovered that they had anticipated their 2020 Covid-related bump in sales to decrease in 2021 and going forward, but that they have consistently needed to increase their next-quarter sales projections to keep up with the reality of deaths, likely related to the “vaccines.”
“They were seeing excess deaths in unit growth,” he stated. “This is called same-store sales. They’re seeing unit growth, same-store sales, which they weren’t expecting.”
Dowd concurs with feminist journalist and organizer of a mammoth effort to review the Pfizer Comirnaty FDA documents, Naomi Wolf, who has revealed that 72% of adverse reactions to the Covid shots are experienced by women.
“Whatever’s going on is affecting women more so than men, and it’s a disaster,” he informed.
Speaking to Carlson, he stated:
“We have the data, we have the evidence, and there’s a large, global murder scene that just occurred.”
Dowd has been discussing the humanitarian research projects that he has been pursuing with his partners through Phinance Technologies since last year, indicating that he was working on data that would estimate the total human and economic costs of the Covid shots.
These projects are ongoing and expanding country-by-country. The most recent additions have been focused on Australia, with findings published April 2023. Other countries include the United States, the United Kingdom, Germany, and Ireland. There is also a set of data focused on totals for the continent of Europe.
Dowd and his colleagues use publicly available data and statistical analysis methods to look for “black swan events” that indicate a danger signal associated with the “vaccine” rollout. Data sources are restricted to mainstream officialdom, including the Centers for Disease Control and the United Nations. Phinance Technologies publishes their methodologies in great detail so that others can replicate, corroborate, or challenge their results as appropriate.
Dowd discussed their process and results on the aforementioned Flyover Conservatives episode:
“The only statistics we use are basically calculating the standard deviations or sigma [Σ] from trend…. Anything above three standard deviations is super rare—that happens 0.03% of the time. So, disabilities went off the rails in ‘21 and ‘22, four standard deviations. Injuries, as expressed through work time loss, went 13 standard deviations above trend in 2022. That’s a black swan event.”
The Hodgepodge encourages readers who want a more in-depth study of the findings of Phinance Technologies to visit their website, which will be linked at this end of this article. For the sake of brevity, findings relevant to the United States only will be included herein. Global findings resonate strongly with those observed in the U.S.
Notably, these analyses are limited to the working-age population, at times 16-64, and at times 25-64.
With regard to the U.S. Human Cost report, the researchers examined deaths, disabilities, injuries, and “no effect” precipitated by the “vaccines.” By far the largest category was the “no effect” category, which they calculated to comprise about 82% of the “vaccinated” population. These individuals have not, as of yet, manifested observable injuries, disabilities, or death after taking mRNA “vaccines.”
The group found that about 18% of the working-age “vaccinated” have manifested “mild to moderate” injuries that resulted in missed work time. The absolute number found by the Phinance group was 26.6 million injured individuals.
For the severe damage category, defined as permanent disabilities post-vaxx, nearly 1%—0.93%—of the total U.S. Civilian Labor Force has become disabled since the beginning of 2021. This represents a 24.6% escalation of onset disabilities as compared to the standard rate. Phinance found that 1.36 million individuals in the workforce ages 16-64 have become disabled since the “vaccine” rollout.
Regarding deaths, the Phinance team found that the “vaccines” have precipitated 310,000 excess deaths between 2021 and 2022. This represents 0.1% of the total working population ages 25-64. The excess mortality rate compared to baseline for this demographic is 23% over trend.
The following graphic produced by Phinance Technologies visually illustrates these findings:
The group’s Economic Impact report “estimates the direct economic cost from the mass Covid-19 inoculations on individuals.”
The researchers took the numbers discovered via the Human Cost report and computed “only the direct amount of wages and salaries that were lost due to injuries (chronically sick), disabilities and excess deaths.”
They concluded, “The total estimated economic cost for 2022 due to vaccine damage is around $148 Bn.” This includes $89.9 billion due to injuries, $52.2 billion due to disabilities, and $5.6 billion due to deaths.
The following Phinance Technologies graphic is included within their Economic Impact report to illustrate their findings:
Speaking again to David and Stacy Whited of Flyover Conservatives, Dowd summarized the group’s findings as follows:
“The numbers are, we have a pandemic, and it’s of the vaccinated, unfortunately.”
He furthermore acknowledged that the Phinance Technologies research only depicts part of the overall story of mRNA “vaccine” damage, as they focused on working-age individuals.
“The numbers we presented are conservative, because the age groups that we examined to definitively come up with these economic costs are working-age people. So, we leave out the retired and the young,” he explicated.
While noting that he is not a doctor, Dowd indicated that the injuries impacting workplace absenteeism and lost productivity time mimic immune deficiency, via a condition that is colloquially now referred to as VAIDS, or vaccine-induced AIDS. He is concerned at the number of young adults that are being impacted by this.
“We’re hearing about excess deaths in the millennial age group this winter from pneumonia. Millennials aren’t supposed to get pneumonia and die from pneumonia.”
Speculating about the economic incentives that have resulted in what he describes as a near-organic “conspiracy of interests” surrounding “vaccine” promotion and the current dynamic of covering up the reality of the damages, Dowd revealed:
“Apparently, the C19 vaccines are the most successful consumer product launch ever, in the history of the world.”
All of this “under the color of law,” via government mandates, as Dowd noted.
Learn More
Hodgepodge readers who want more details should check out Phinance Technologies’ Humanity Projects here:
https://www.phinancetechnologies.com/HumanityProjects/Humanity%20Projects.asp
Their Human Cost project (United States) served as the source for information discussed in this article, as well as a graphic:
Their Economic Impact project (United States) served as the source for information discussed in this article, as well as a graphic:
View Ed Dowd’s recent appearance on the Flyover Conservatives show here:
View Dowd’s February 2023 appearance on Tucker Carlson Today (via mirrored video) here:
https://rumble.com/v2ailv0-tucker-carlson-interview-ed-dowd.html
Ed Dowd’s book, "Cause Unknown": The Epidemic of Sudden Deaths in 2021 & 2022, is available here:
The Society of Actuaries’ 2022 Cause of Death Report, which found a 40% increase in all-cause mortality for group life insurance policyholders is available here:
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Special Note:
Those who are vaxxed and/or concerned about potential injuries or disease states can book a Devaxx Coaching session with Sean Barker here: