EPISODE 395
The Epidemic Of “Sudden Deaths” w/ Ed Dowd
Description
What is causing the exponential increase in sudden deaths among individuals in the prime of their lives? Edward Dowd, former leading BlackRock portfolio manager, examines the epidemic of sudden deaths (not linked to c0r0navirus) which began in 2021 with the rollout of national vaxxinations.Throughout Ed’s career in finance he excelled at an elite level in pattern recognition, which propelled him to become one of the most renowned and successful in the world. Early in 2021, he took his data analyst skill set and directed it to examine the drastic uptick in sudden deaths among very fit athletes and other seemingly healthy young people across the country, a phenomenon that is now coined “Sudden Adult Death Syndrome”. His thesis points at the Covid Vaccines as the causal factor, and he openly invites anyone with an opposing viewpoint to offer an alternate explanation. This is a heavy podcast as each statistic is not merely a number, but a human life.The podcast ends with a message of hope. That regardless of what has happened, the human mind and body is capable of miraculous healing. And from a macro perspective, on the other side of tragedy is the invitation for a renaissance. We humans have always triumphed over resistance and I have no doubt that we will again.Connect with Ed DowdWebsite |https://www.theyliedpeopledied.com/Linkedin |https://www.linkedin.com/in/edward-dowd-87902158/Getter |https://gettr.com/user/edwarddowd
Transcript
AUBREY: Ed, glad to have you on the podcast, man.
ED: Aubrey, thanks for having me on today. Good to be here.
AUBREY: Yeah, for sure. I have to say that when I read this book, “Cause Unknown”, I started reading through it with some curiosity. I'd listened to an interview you did with Mercola and it sounded really compelling. And one of the things I appreciated was my father was a commodities trader, grew up in the Paul Jones, Bruce Kovner era commodities Corp. So I understood the terminology that you use thinking in finance, which is your background, being a fund manager at black rock the largest financial institution in the world. That's private, at least. Second only to us in China, I believe, and Assets managed basically. But the way that you thought about it was the same way that my dad would analyze whether soybeans were gonna have a strong season or whether gold prices were going to sell off or be strong or bullish in the future. And it was a very analytical and dispassionate way that you approached all of the data. And so I deeply appreciated that. And that was kind of the mindset that I went into the book. And I want to, of course, let you talk about that mindset also just to share that I started reading this book on a nice sunny day out at my farm in Lockhart and I started, I just broke down and just started bawling and I get emotional thinking about it because it felt like I was looking at a slow and disconnected version of 911, like all of the faces that you have in here of the people who've died and you have QR codes to every one of the articles and you start to just see face after face after face of people who are full of life and who are no longer here and then start to look at the statistics of a very plausible explanation of why that might be. And it's absolutely fucking, it's devastating, man. It's like, it's really devastating and we won't be able to hold the emotional gravity of this, but I just want to establish like, yeah, we're going to be talking a lot of numbers and science, but one of the most powerful things about this is these are real people. These are not just numbers. Excess deaths are not some statistic alone. Every single point on that statistic is someone with a life and a history and a mother and a father and children and friends and a song that they could sing that's only theirs to sing for the world. It's fucking heavy, man. It's really, really heavy.
ED: I absolutely agree with you and as a numbers guy, that's what we did in the book. We wanted to establish these are big numbers, but they have real human consequences and real sad tragedies. And the biggest thing that really upsets me is my data suggests that there was a makeshift from old to young in 21 and 22 and the tragic deaths. And we start with the athletic deaths, the sudden athletic deaths, because these are the most elite fittest amongst us. And I wanted to show that what's going on is true. First, is it true? And forget about why, just suspend that. But by showing all these individual stories from local newspapers, they don't really ever make it to the national level. We wanted to put a human face on it and really connect people with what's going on, that this just isn't some statistical anomaly caused by climate change caused by X, Y, Z. These are real young people dying in the prime of their life on the field. And one of the most compelling studies that was done was the Lausanne study. And it spanned 38 years. And it cataloged 1,100 sudden athletic deaths over 38 years. That's about 29 per year, globally. And I just want to establish for people who may not believe what I believe or you believe, but there's something new going on, and it's undeniable and it's true. We can't have a month, we don't have a month now, we'd be lucky to have a month with 29 sudden athletic deaths since 2021. There are months with 90, 100, 150. And we catalog in the book 550, a bunch of the stories are featured up front, but then there's a compendium with all the stories. And I want people to understand that this is true. It's happening now. You may not agree with what my thesis of the case is, but the health authorities of the globe and this country in particular don't seem to care. And they don't want to talk about it. And we've created a new term called sudden adult death syndrome that just kind of mysteriously came into being. In 2021. And all that is, it's a term. It doesn't explain anything. It's just a new term. It's a term used to just kind of whitewash this and make it normal. And I call it, there's a section of the book called the sad new normal, because this is what it is. And the data that you read and the emotional way you thought about this is why we wrote the book. We want to really pound this home. These aren't just numbers. These are real people. Taken out in the prime of their lives and yeah, and if you think sudden athletic deaths are tragic, these are the fittest amongst us. Can you imagine what's happening to the less fit and the numbers bear that out? So it's this is 911 on steroids
AUBREY: It's interesting to think about how the narrative shapes The way that we think about reality, because back in the day, if you had any ideas about hesitancy, they called it vaccine hesitancy. And again, that's a term that was used and almost weaponized in a certain way to mean that you had some kind of mental disability the way it was. But if you proposed any idea that meant that you were hesitant about the information about these vaccines and kind of resistant to the lockdown policies or whatever, people would start throwing in your face all of the deaths that occurred from covid. And whatever you might want to say about the numbers whether they're inflated or not, there were actual deaths that happened from covid. No doubt about it, right? The covid did kill some people absolutely, and so they used those deaths to just hammer you relentlessly about anything that opposed the ideology of the vaccine. But now in the inverse, where you have clear statistics, where people are dying, suddenly, without cause, after having been vaccinated, those same arguments, which are like appeals to death, basically, they're not being used in the same way. And it's like a flip of the way that the psychology works. Now those deaths are excusable. Just put another term and another name on it and it's excusable. It's excusable if it's sudden adult death syndrome. No worries, nothing to see here. But if it was a COVID death, like that was something that was right in the forefront. And there's so many psychodynamics at play, at the very least, that make this a very difficult story to talk about in the public zeitgeist.
ED: Absolutely. And if you remember, in 2020 a lot of the news channels, especially CNN and MSNBC, had tickers of the number of deaths from COVID and the cases. And you roll forward to 2021 and 2022, excess mortality is up across the globe. And it's up not a little bit, but a lot. And in 2021, percent excess mortality in the group life policyholders of this country, which is corporate America and midsize companies. 40%, 10 percent is once in a 200 year flood is described by a senior CEO at One America, 40% he said is off the charts.
AUBREY: So let me just define a few things for people. So group life, that group life category, these are people with life insurance employed at major corporations, right? Do I have that right?
ED: Correct. And I don't know what your employment background has been, but mine was in corporate America. And every time I switched the job, you'd go into the HR office or sit at your desk and fill your HR forms. One of which was your healthcare form, pick your healthcare plan. Then the other one was, well, we all laughed about it. It was kind of a freebie benefit. You sign your group life policy, you sign it then you name the beneficiary if you're single you name your mom and dad. If you're married you name your wife or a husband. And throughout my whole career usually it was one to two times your base salary. And it was just something you never thought about because when you're in your 30s, 40s and even 50s, you just don't think about dying. So this is a very specific group of people. It's a subset of the U.S population. And to get the death claim, the benefit, you have to be employed at the time. So, this group of people, as the Society of Actuaries has proven in prior studies, is much healthier than the general population. And they experience mortality in any given year, 30 to 40 percent that of the general population. Makes sense. They're the most educated, access to better healthcare, and are showing up to work. They're able to get there. So, they're not getting sick and then getting fired. They're there. And in 2021, they experienced 40 percent excess mortality as this is the society of actuary numbers, not my numbers. And this came out in August. The general U.S population experienced 32% excess mortality in 2021. So that relationship suddenly flipped on its head in 2021. This amazingly healthy group of individuals decided to collectively die at a much higher excess death rate than the general U.S population, which is left less healthy. And to make matters worse. The mainstream media explained this with a couple different things. And I was fact checked by Reuters and AP early on. When I discovered this data in March, we had the CDC data, which then later was verified by the Society of Actuaries. They fact checked me and said our experts say that it's not caused by the vaccines. It's caused by deaths of despair. Suicide rates are up due to the lockdowns, drug overdoses are up, because of this despair from the lockdowns and then missed cancer screening treatments. And each one of those arguments, while maybe true in a small part, can't explain why this healthy group of individuals, especially in the third quarter of 2021, the millennial age group 25 through 44 saw a spike of 84 percent excess mortality into the third quarter. Very temporal rate of change spike. Your dad's commodity trader. You probably traded yourself. It's a rate of change. It's a spike like that. I call that a temporal event. What happened in August, September and October of 2021? Well, we know anyone who was vaccine hesitant had a gun to their head to keep their job. They had to get a vaccine. So a lot of mandates started rolling out in the summer. The revered investment banks, Goldman Sachs and Morgan Stanley led the way. In August, corporate America followed and President Biden signed executive orders on September 9th. So there was a lot of pull forward of people that had to get the vaccine. So the arguments that it was drug overdoses, suicides and missed cancer screening treatments doesn't hold water in my opinion, because you can't say that temporally in the third quarter of 2021 that there was a suicide pact amongst the group like policyholders or they all decided to overdose on fentanyl and heroin, which in my experience, anyone using fentanyl or heroin doesn't tend to keep their job very long. You don't develop that habit and overdose immediately. And then the missed cancer screening treatments. I'm 55. I've never had one. I don't even understand what this test is. Most cancers are caught when someone presents ill and they go into the doctor. Then the tests are run. You don't go for your normal cancer screening checkups. I've never done one in my life. I don't think that's a thing. So these excuses, I call it ABV, anything but the vaccine. So this is what is tragic about this is this is something that should have been intuitive to most people, but the mainstream media for some reason doesn't want to look at the one thing that changed in 21 and 22. It's beyond comprehension.
AUBREY: I mean, one of the things that really got me upset, and I wasn't looking at the same sets of data that you were looking at, and actually, you hear hints about excess mortality, but then you try to look at it and there's all kinds of ways in which the data is presented and it doesn't really make sense. So I never really went down this path until for my own, just thinking in my own mindset until I read this book, what the path that I did go down was that I recognized that the officials who are promoting these lockdowns were absolutely not looking at the ancillary costs of lockdowns, the psychological costs and all of these things. And I was just appalled that those weren't factored into the decision because if you're making a decision, with any kind of executive mindset, you have to factor in all of the consequences that might be there. And very few people were talking about that, including the financial consequences of just printing trillions of dollars. And then what those trillions of dollars could have been used for. I mean, I was the CEO of a company, founded it, grew it, built it, sold it. Like if you're going to allocate a huge part of your budget to something, you have to look at, all right, well, what if we allocated it? To this other thing, like clean water for the whole world, for example, or better education policy. So I was really upset that all of these other factors weren't being considered. And then it's so interesting to me that now when this number is now the most kind of glaring threat to the narrative, the excess deaths, now people are pointing backwards to the cost of the lockdown when that was something they never wanted to look at in the first place. When that was a part of the whole policy. It's like, there's so much inconsistency here.
ED: Yeah, the logic doesn't work. And you're a CEO of a company, you build a business, I'm an analyst, and the logic thread is completely bogus, in my humble opinion. And what disturbs me the most is that the country at large doesn't seem to have a memory. And you have a memory. I have a memory. Remember what they said in 2020 and 2021. And now that's flipped on its head and they don't want to look at what's going on right in front of them. And in my book, I conclude with, I don't go into the who or why that's not helpful. I just want to establish it is, it's happening. But what I do say is. At this point the data that I see clearly global governments and health authorities see the same data and they're not talking about it. And the question is why so there's a cover up of something going on. I believe it's the vaccines if anybody has another thesis that could make sense to me. I'd love to hear it. I haven't heard of one yet. But it's become apparent to me that there's definitely a cover up going on on a global scale because this is one of the biggest biological missteps we've ever made in humanity, and we've just dosed 5 billion people on this planet with this thing that is experimental, never was actually tested on humans, had a 28 day trial, which I can get into it later on, but it looks fraudulent to me. It looks like the data was manufactured. So there was data fraud at Pfizer in my humble opinion.
AUBREY: Well, they released a bunch of that, that Pfizer data that actually came out that did call into question some aspects of the vaccine trials at the very least and also particularly the adverse events, aspect of those trials seem to not be presented in in a forthright way, especially in accord with the narrative. So there's a couple threads here. One thread is, I absolutely agree with you. I made a very soft post that said, in my mind it was just something about as the narrative changes, can we find really forgiveness in our hearts for those that have That have believed the other thing. Can we welcome the truth back in with open arms and, and end this divisiveness. But the fact that I said, as the narrative changes, some people are like, what do you even mean? The narrative hasn't changed. Like everything that's happening now is exactly. And I'm like, what are you talking about? Of course, the narrative changed, you know what I mean? And this is something that you show in the book, all of the different quotes from the different health officials. And then you have QR codes to all of these different quotes, basically saying, safe and effective will prevent you from getting the virus. And then how all of this narrative. Just absolutely did change. I mean, this is not a question, this was a pandemic of the unvaccinated and all of these different ideas that were out there. The narrative has shifted. I mean, it's not up for debate. And I invite anybody to go through and look at all of the quotes of the CDC white house health officials and just see how they've actually shifted the narrative along the way. So there's no doubt that that's happened and still some people are in denial that actually the narrative has changed.
ED: There are still many who believe that it's safe and effective and prevents you from getting COVID and or transmitting it, believe it or not. But what do we know? We know now that it doesn't, not only doesn't prevent COVID, it doesn't prevent transmission. So at the very least, it's a defective, not effective product. It's a product that doesn't work. Then you have to ask yourself, why would you keep taking something that doesn't work? And then if you get into the safety regime, the original thesis they presented to us has fallen apart. It don't no longer exists. So mandates across the globe should end based on that corporate mandates. It's federal mandates. Anybody who has a mandate should drop it just based on that, once you get into the safety data, it's even more horrific and that's what I think is going on here is if you're in a coverup mode, you act as if, so this is what's happening from our regulators and our government authorities. In Denmark we saw horrendous excess mortality. Every year since 2020, 2021 was higher than 2020 for the total population across all age cohorts. Same thing happened in 2022, excess mortality, above 2021 for all age cohorts. And the Danish government, while I was writing the book and I put it in the book, banned vaccines for individuals under 50, stating that it's they'd rather you get COVID than the vaccine, which is a double speak way of saying the risk reward is worse than the vaccine. I mean, you're more likely to die from it than COVID. And let's talk about the Pfizer clinical trials, a little known data point that was hidden from us until the fall of 2021 through a FOIA request was the all cause mortality endpoint. And when you do drug trials, there's endpoints you test for. And one of which is known as the all cause mortality, which is the risk benefit of the product. And generally speaking, when there's more deaths associated with the vaccine group or the product group versus the placebo group, it doesn't usually get approved by the FDA. Pfizer failed that endpoint. There were 21 deaths in the vaccine cohort and 17 in the placebo cohort. That's a 23% excess death or 23% more people died in a 28 day period in that group. That should have shut it down right then and there, and it didn't. And when this became apparent to us in the fall of 2021, I spoke, I still have contacts in the investment world and I have former colleagues who are healthcare analysts that are now CFOs and CEOs of biotech companies. When they heard that they were horrified. It's the golden rule. You do not push a product that has a risk reward that's adverse at bare minimum. So this thing was a disaster from the get go, and it has become apparent to me and many others that there was a military grade PSYOP propaganda campaign that was pushed forth, and it's come out through four requests that the government gave over a billion dollars to mainstream media to push the vaccine narrative and censor anybody with a counter narrative, not allow them on their show. So, informed consent at a bare minimum was violated for the whole country and the globe in my humble opinion
AUBREY: And that's an indisputable fact that that billion dollars is trackable based on the four year report that the government paid to run basically an advertising campaign. That was that was pro vaccine.
ED: Yeah, that came out on the blaze, discovered that Emerald Robinson then made a big stink about it. And that's a fact that can't be denied.
AUBREY: Yeah. So there's a section here in the book that actually shows that COVID is getting deadlier as time is going on. Now, what we understand of COVID is that the variants appearingly getting less and less deadly. And I've had some, Dr. Zach Bush was on my show and he talks about how this is typically the way it goes, they don't get more deadly, they get less deadly because ultimately the virus wants to propagate and if it's killing its hosts, then it actually is counterproductive to the way that nature actually wants to work. So it actually, the incentive biologically, and this is his opinion and his medical opinion, is it's going to get less and less deadly, and Omicron, of course, seemed to be the mildest of the strains and cases that we got. So, we have this general idea that COVID is getting less deadly the more variants that roll out, at least of what we've seen so far. But there are some statistics in here, if I read them correctly, that show that actually COVID is getting more deadly, particularly in children, than it ever was. Which is a very interesting statistic as well.
ED: Yeah, so, if you talk to any virologist or epidemiologist, they'll never tell you that there's a virus that changed and morphed from killing mostly old to young in the second year of its evolution. And what's apparently started to happen, if you believe their narrative, is that COVID's becoming more deadly for younger people. So the virus seems to really only want to go after younger folks in 21, 22 and employed folks. So, it's a very smart virus, apparently that we've never seen on the planet before and in the book, I talk about what happened in the UK, excess mortality went down for age groups one through 14 during the lockdowns. And that makes sense because one of the greatest causes of death in that age group is accidental. So less activity would augur a decreasing excess mortality. And that did occur. Then the lockdowns were lifted and excess deaths for the UK children continued to go down. Then mysteriously, when the vaccine was introduced in November of 2021 excess deaths started to go back up. So, again, I use deductive reasoning, something changed. The only thing that changed was that vaccines were introduced for children, age groups 1 through 14. And again, anybody who's out there in the scientific field who wants to argue with me that the virus decided to go after the younger folks later on in the pandemic, when we all know that the strains are becoming less virulent. I'd love to hear that argument or see that peer review paper. So again, what I do as an investor is I have an analyst mosaic. I use deductive reasoning and the data suggesting the vaccines are the cause, and I use different databases, different studies, and they all point in the general direction, once the vaccines introduced young folks start dying.
AUBREY: If you were going to steel, man, the argument. Some kind of argument that refutes, debunks that thesis. I mean, when you've talked about it, there's the attempts like the sudden adult death syndrome and these different ways that people try to explain it. But is there any other thing that we haven't mentioned that somebody listening to this podcast and be like, ah, this is all bullshit. The vaccines make COVID less deadly and that's proven. And there does seem to be some statistics about that where actually getting vaccinated in certain and analysis of data has made it less deadly for certain subsets, not children, obviously, I think you've shown that conclusively here in the book, but is that kind of the steel manned argument is that there are some studies that show that if you get the vaccine, COVID is less likely to kill you or turn into long COVID or what's the steel manned argument against the thesis generally that you're promoting here.
ED: So let's follow the narrative change. It was going to prevent you from getting COVID in transmission. That then changed and morphed into, gee, I'm glad I got COVID, politicians and public officials would say, “I've got COVID” and it's bad, but it would have been a lot worse if I didn't get the vaccine. That's one of those marketing terms, it seems to me, I've actually called out on many shows, I'd love to see a peer reviewed study that it actually does prevent hospitalization, haven't seen that yet and any data that's out there would only probably benefit the old folks because we are seeing that older folks are dying at a lesser rate than younger folks, but that could be also because of pull forward of the numbers in 2020 from people who were mostly old who got wiped out. And we did see a declining excess mortality in old folks, but once vaccinations were introduced, older folks, their excess deaths started rising again. So the argument that it prevents serious hospitalization, I think, is a straw man argument. And until I see some real evidence or a study on that. It just seems like a narrative change to me in a marketing tool that's number one. And then the other thing I hear is long covid, long covid is causing these excess deaths. Now, the interesting thing about long covid is it a real thing? It is. But it's usually real for people with all sorts of health problems as well. And doesn't have a clinical definition yet, which I find curious and there was an article written about long covid causing a labor shortage. And that article mysteriously appeared after my testimony to Senator Johnson saying that I believe a lot of the labor shortages due to disabilities from the vaccine. And in that article is a CNBC article. They really didn't give anything other than an opinion. They say that it needs long term studies. They're not really sure what's causing it and I've talked to a couple of doctors who I said, “Look, why do you think they don't have a clinical definition for long COVID?” And the answer we come up with is, a lot of the long coded symptoms mimic adverse events from the vaccine that are now coming out in the Pfizer trial. So there's this interesting dynamic where they want to blame long COVID, but yet they haven't defined it yet. Very interesting and curious in my humble opinion.
AUBREY: With this data that's out there, Denmark made the decision. They analyzed the data as a country and they decided, “all right, we are no longer mandating or even recommending vaccines for anybody underneath the age of 50.” And then at the same time, our officials in our government are still promoting vaccination for anybody over six months old and for mothers who are pregnant and nursing. There's absolutely no exclusions being recommended by our government, despite this data coming out. I mean, that's pretty unbelievable to actually grasp that this data is here and nobody's pushing the pause button on anything, if anything It's just gas and more gas on the narrative
ED: Yeah. I said early on when this started to become apparent to me and I was starting to make the media rounds. I'm on record saying on Steve Bannon's war room in February, March that “this is such a horrible mistake and a problem for the government and the health officials that they're going to double down.” So, I understand criminal behavior and whether it was a criminal intent or just a realization they screwed up, we're in the coverup mode. And this is what you do in coverup. I've seen this in corporate fraud after corporate fraud, when the fraud starts to unravel, the CEO, the company doesn't go, “Oh, you caught me guys.” What he does is he continues to act as if, and he would call his favorite shareholders and whisper sweet nothings in their ears and beg them to hold on to the stock as it's cascading lower or buy more. And he would lie all the way until the regulators would arrest him. So, I've seen this before and it's tragic. And what's even more ridiculous is the US used to lead on health issues. We were the leaders on health issues. And my two partners at my hedge fund that have done a lot of the analysis of this data said to me, “Ed, why is the U.S not the leader in this issue?” And I said, “good question.” They're from Portugal. And they're just horrified that the U.S health authorities are not leading like Denmark. I mean, we've got a small country, Denmark has to lead. And unfortunately, they're small and they don't have the clout nor the media attention that they deserve. But they didn't admit what's going on, but at least they care about their citizens enough to stop the program and kill their young, most able bodied people amongst their population and, or disable them.
AUBREY: I mean, what this sounds like is that, and what it certainly seems like with the amount of revenue that Pharma contributes to both campaign contributions to advertising to mainstream media. I mean, it's astronomical numbers. They're by far the leader in all of the contributions. And when I asked Brett Weinstein, “what do you think is the meta problem, the meta crisis we're facing?” He said, “it's the crisis of capture.” It's that actually people aren't acting autonomously. They're beholden to, in this case, you could call them investors or shareholders, but they're actually just contributors, advertisers to this whole machine. And so what we're basically, it feels like is our democracy is really a corporatocracy. So it acts much more like a corporation. And as you said, when a corporation is facing fraud, then there's a regulatory body that ultimately goes in, investigates and finds out what's happened. And then whatever penalties are levied on that, which by the way, has happened many times to all of these big pharma companies. They've been fined 2 billion, 1 billion. Like you look at the whole list. There's not one that has a clean record of not being caught for fraud. Right? So let's just establish that all pharma has already been caught for fraud, but it seems like our whole government is now acting like one giant corporation participating in fraud, except they're the regulators as well. So, like how is this actually if they continue to control the narrative and nobody's gonna catch them I mean, is it possible that the government could continue to just double down, double down, double down and this corporatocracy could just carry on? And they'll just be a small ostracized and kind of scapegoated group of individuals who are trying to express the truth, but actually this just exists onward indefinitely. Or do you think there's a point at which something can actually happen? Maybe the lawsuits start to actually take effect and the courts can actually hold the government accountable. Like, is there any accountability that we can see in this?
ED: Yeah, two things. Let me talk about a term you use “meta”. In 2021, one of the problems people have is they can't believe that this could go on with all these supposed gatekeepers watching and caring for us, correct? Well, I called it a meta fraud and it's not necessarily a bunch of guys sitting in a room having a conspiracy to poison the population. It was opportunists who saw cash flows and revenue streams. You had the pharma industry under the color of law, being able to monopolize a product that they had to get mandated injected in your arms. So obviously they were on board. And so they probably pushed this product faster than they normally would, just to get it out there because they saw big dollars. You had the tech companies and social media companies who saw an opportunity for compliance and surveillance and other cash flow streams. Then you had the media who's already beholden to farmer companies because they contribute such a large portion of the revenues. And then with the government advertising campaign on top, it was just institutional momentum. And they just kept going off the train tracks and hurtling towards the ravine and it's not stopping. So what do we do now? So to your point, does this stop? Will justice ever come? And I believe it is. And the reason is, and it's tragic and that's why the book is out the number of people dying from this and being injured, the numbers are staggering. The disability numbers for the employed are about, we can certainly estimate 1.2 million people have been disabled of a hundred million that work in this country since February of 2021. That's a big number. And we were probably low. And so that these are numbers you can't hide. And eventually the truth will come to light. That's why this book was written. And there seems to be word of mouth going on. The good news is the bivalent booster is not being taken up. It's 11% uptake. So word of mouth is getting around, and we now have Governor DeSantis, he's got a State's Attorney General looking into this, and that's what happened in the big tobacco wars. Once the State's Attorney General's got involved, discovery comes. So, the wheels of justice are slowly grinding. The problem is that as the powers double down, it continues to kill people. So, the message I'm trying to get out is just stop taking this booster. It doesn't work, number one. Number two, you're at huge risk. So, I believe a lot in markets and the marginal mind. So, I believe there's a tipping point coming and an awareness. And when it comes, it's going to have grave implications for our business. All sorts of institutions and a lot of chaos might unfold, but the chaos will be necessary to get us to the other side, which is a kind of a truth and reconciliation commission, a rebuilding of institutions based on integrity and on tearing down all the incentives for profit that seemed to have crept into our government institutions. So we have to remake the system and it's going to take some time and chaos, but that's kind of where I think it's going. And it's kind of a grassroots campaign at this point, but it's starting to slowly get into the body politic. I was happy to go see Senator Johnson and say what I said. And I said to him that it's a national security issue because it's been detrimental to your health to be employed in 21 and 22. We seem to have poisoned the military and the most able bodied amongst us. Inadvertently or on purpose. Doesn't matter. I don't care. We just need to stop it.
AUBREY: Yeah. I mean, some of the psychodynamics at play, I've heard you talk about it a little bit as well, and there are many, many, but I think one of the ones that I've seen, personally, it's really actually tragic and I have deep compassion for this. It's the sunk cost fallacy and there's a close friend of mine and some of my other friends and he kind of rushed out in the first wave of vaccination. And got the vaccines and got his children vaccinated. And got everybody in his family vaccinated. He was able through influence and whatever to get the earliest batch of vaccines, like the very first ones that came out. And I know it was supposed to be some kind of lottery, but I think he was at least, maybe he won the lottery and got it first, but whatever. He was like right out of the gate and he got them. And then of course, actually at that point, we didn't know that much. So, you can't really hypothesize nearly as much fault for the people who just rushed out and got them at that point because it was really kind of, well, we don't really know that much about it. Even for me, I was thinking, well, these vaccines aren't rejuvenated, so they don't have the mercury and the formaldehyde and whatever else. That's super toxic in the other vaccines. Maybe there'll be kind of innocuous actually, and maybe there'll be help. Like, I didn't know, I didn't take it myself, but I was like, maybe it'll be fine. Like, so I just want to put that out there. Like there's lots of times where we just didn't know, but to get back to the sunk cost fallacy in offering to share this book, he just said straight up like, look I can't handle reading this right now. It's too much. I'm vaccinated. My kids are vaccinated. I can't bear to actually look at this. And it was like there was a deep compassion in that. And of course, I'm not gonna shove it in his face. Because this is something that's very hard to grapple with and so many millions and millions of people are in this position where they vaccinated themselves and then they have to realize that they might have done some damage to their health or they vaccinated their children or they've encouraged the general public to get vaccinated. So, it's a huge ask to actually ask people to grapple with these facts, so they're going to want to see, they're celebrating and championing the double down to the narrative because it's protective to their own psychodynamics.
ED: Yeah. The sunk cost policy is a real thing. To your point about the early days, I mean, I had suspicions of what was going on. I personally know a lot about health care and how drugs are approved. And the fact that it was a new novel technology under Warp Speed. My personal view at the beginning of this was, I'll wait. I'm not taking anything new. I was like, I'll let other people want to be experimented upon. And then quickly we started hearing anecdotes. Now, given where I am with my knowledge, I'm divorced. I have three kids and an ex wife, a wonderful mother of my children. They took the doses, the initial dose, and I tried to talk them out of it, but I didn't have the data I have now. This was June of 2021. But I will say they didn't buy into the sun cost policy, which is once they realized what was going on, they're there. They've stopped. No more boosters. Thank God. And they don't feel bad. And I offered them hope. Here's the hope for people who did get vaccinated that haven't had any side effects or feel fine. It seems to be that there were some hot doses that went out there, different lot doses that killed more people than others. There's also the fact that they manufactured this so fast and the storage has to be very cold and a lot of the implementation of this vaccine was poorly done. A lot of these people weren't trained properly. So if you went to your local Walmart, or a Walgreens and got the jab. If it was left out too long, it degraded and you didn't get the spike protein. It just wasn't able to take. So, and also they didn't shake the doses. So there, they came in five dose files. So if they didn't shake it and you were the first dose out of that bottle, you didn't get all the stuff that was supposed to work. So there's a lot of hope that you didn't actually get what you thought you got and you got some sort of goop in your arm that was degraded. So there's that I want to offer that hope to people that
AUBREY: Yeah. And that's something that I had a podcast with Dr Aditi Bhargava and Kyle Warner, who actually appears in one of the articles. He was a mountain biker. And the podcast is called ‘The Inconvenient Injured’, and it was basically, a couple people who'd been injured, including Kyle Warner, and how they were treated in the hospital when they came and said, “look, I got vaccinated and I have problems. My heart's, I'm having this condition in my heart and they were kind of shunned and thrown away.” They actually told him that maybe he should go home and try to take a shit, like he needed to have a bowel movement. Just ridiculous the way he was treated. For this thing and like the difficulty in filing the VAERS reports. And also the fact that filing a false VAERS claim is a federal offense. So all of these VAERS numbers, which is the vaccine adverse event reporting system, they're already astronomically high, but potentially only one study said it might only be 1% of the actual. And so there's massive amounts of things going on, but. We also had Dr.Aditi Bhargava who echoed some of the same sentiments that you said that especially the cold storage if the vaccines weren't kept cold in manufacturing and transport all the way through the thing, the actual the vaccine would degrade and you would be getting something that was little more than just water with different other innocuous particles. So that's one aspect of it. And there's also the other aspect of where and how it was injected and whether, I forget the term, but you can pull back on the needle aspirate, I think you pull back on the needle to see if you're actually in the needle. Like a vein, so you're mainlining the vaccine or whether you're going into the muscle tissue like you're supposed to, and they were actually given guidance not to do that for whatever reason, and so one of the theories that she has is that, all right, a lot of these vaccines degraded, so a lot of people got nothing. And so that accounts for people having no effects. So if you haven't had effects yet, you very well might've gotten a shot of nothing. And also if a lot of the people who had some real serious effects, they might've got it straight intravenously, which is in her mind also another added risk. So basically there is a lot of hope that if you haven't experienced anything yet, perhaps you're absolutely completely in the clear because you weren't actually given an active vaccine, or the way it was administered was actually a lot safer than the way it was administered elsewhere, but do you have any data and that's just to kind of back up some of the points that you were making. But from Dr.Bhargava's perspective, do you have any data that shows the time frame that's the most dangerous. Like, is there a window post, like, when is the most dangerous window for people to have really serious adverse events after taking the vaccine? Is it like right after the second dose? Or do you have any data on that?
ED: So interestingly enough, one of my partners, Josh Sterling, who I feature in the book, it's got some data from Germany and it shows that a lot of the adverse deaths. That occurred after just one dose. And what that meant was they weren't alive to come back for the second. And so it can happen fast. And then the problem we're scrappling with is if you did end up getting the actual vaccine and it was administered properly and you got the actual spike protein reproducing in your body, it looks like there's some medium term effects and long term effects. We don't know but they're showing up in the numbers unfortunately. What I can say is if you've already got the vaccine and you're worried about this and I don't want you to think there's a ticking time bombing. But what you can't do is continue to get boosters. And I make a finance analogy, your original thesis was that it was going to prevent covid and stop transmission. Well, that's clearly not true. So, since your investment thesis has been blown out of the water, what you would do if this was a stock you would sell the stock. Well, if you got the initial two doses and maybe even a booster at this point, don't get any more boosters because you're getting more along with the vaccine. You want to go short the vaccine and stop taking it because there does seem to be a dose dependent effect going on. Every time you take a booster, it's almost like russian roulette you put another chamber in the ball. A bullet in the chamber. So, one of my messages is to have hope, if you didn't have any adverse effects, good for you. I hope you got the innocuous material, but don't get boosters because then you're taking another shot at getting the stuff that produces the spike protein, which it turns out is, we're finding is very toxic to the body and causes a whole host of reactions, sometimes fast, sometimes slow. So that is the hope I offer. And in the finance analogy, your investment thesis, your thesis on why you took it originally has been compromised. Don't take any more. Don't get more. Don't get longer.
AUBREY: Yeah, cover your position for sure. I just want to offer another hope, which is more metaphysical than actually any of the things we said. I just genuinely believe in the miraculous nature of the human body when coupled with belief. So the absolute worst thing you can do is to go into a spiral of fear and a spiral of shame and a spiral of signaling to your body that you were given poison and that you're going to die because the nocebo effect is real. I think it was Sam Laund who the doctors, it's a famous case, the doctor said, “Oh, Sam, you got a tumor, you got two weeks to live” and he's like, “Oh shit.” And then he dies within two weeks and then he'd do an autopsy and he didn't even have it, you know? And so the nocebo effect is, and that's L-O-N-D-E if you want to look that up, but the nocebo effect, which is believing something is going to harm you is very real. And the placebo effect, which Dr. Joe Dispenza leverages to heal all kinds of different things, because of course we know it heals things. We account for it in every clinical trial, the placebo effect, which is the mind influencing the body, starts to harness those powers for yourself. Don't go down the nocebo rabbit hole, tell yourself that you didn't get the vaccine or that you're absolutely fine. And then if you did, and even if you did have a harmful adverse event, like we have somebody on our team, a young guy. Who eats healthier than anybody I know would actually, I would assume would be the absolute pinnacle of health. If I had to make a bet who was going to be the healthiest guy, he was hospitalized for nine days with a stroke and he's in his early twenties after getting vaccinated. And like even in those cases, even if something did happen, just actually double down, go long on the body's miraculous power to heal itself and to reverse some of these conditions and believe that reality into existence, which is scientifically proven, it's called the placebo effect. And it's just harnessing that for your own, for your own benefit. And that would just be another thing that I would offer, is really just double down on that belief system and avoid the other side of it as much as you can while of course, don't go out and continue to take vaccines and then try to trick yourself after that. It won't work that way. But just try to be mindful of your own psychology as you move through this. Which was also egregious on behalf of the doctors who kept saying there's one doctor who said not getting vaccinated and walking around outside is like walking in front of a firing squad and hoping not to get hit by bullets. And it's like putting that amount of fear out into the culture. That's absolutely malpractice on behalf of the doctors to avoid because they actually train doctors about placebo and nocebo effects and how to actually word things and knowing how they word things affect the outcome of certain diagnoses. So they're actually trained in this, but for whatever reason, during COVID, they ignored all of those best practices and were actually practicing psychological malpractice on the general public.
ED: I agree. I'd like to piggyback on what you said. I have personal experience with. And part of the reason I was suspicious, I have experience with the pharmaceutical industry in the form of SSRIs. I had mild anxiety and depression that was caused by my own stinking thinking. Okay, so I went to a therapist who then got me to a psychiatrist, put me on a bunch of these pharmaceutical products, and I got worse. I became clinically depressed. And luckily, somebody in the profession pulled me aside as I was struggling with this. And said you're not depressed. You're not whatever they say you are. You basically have a spiritual malady. And I'm a psychiatrist. I take people off all these drugs. So I was a train wreck in 2011, 2012, and I came out of it. I'm off all drugs. And like you said, the body's a miraculous thing. I used God and spirituality. I gave up all my fears and anxieties to God, gave them over to him. But then I also had to do my part of the bargain, which was to get healthy. And I don't drink, don't smoke. I do a lot of meditation and I do a lot of fasting. And over time, my anxiety and depression is gone and I don't have fear about anything anymore because I have a mindset that as long as I do the next right thing, life is going to get better and I'll be rewarded. So I don't live in fear. And you can, the body is a miraculous healing agent, as long as you get the mind and the spirit in the same direction, and the avatar, the physical. So, if you get all three clicking, you can heal almost anything. Or overcome any obstacle in your life. And so anybody who's been injured by the vaccine, you get this mindset, you can get better. I guarantee you can get better.
AUBREY: Amen. I believe that a hundred percent as well. There was something interesting that you mentioned that actually, if you're going to look at what the effects of this are in the macro that, one, there's some trouble ahead for insurance companies that are paying out these life insurance policies that didn't price in this increase of deaths, and that's trouble for the insurance companies because they could effectively default if they continue to have to pay out on policies that they weren't pricing in. At the beginning, and then there's labor shortages that may be coming. So from an economic lens, I was seeing you kind of go and explore this. And of course, that's one of the ways that your mind works is just seeing like, all right, well, what's going to happen to these big kinds of entities and sectors that we're seeing in the economy. And then how's that going to affect the global economy moving forward. So I'd love for you to just touch on what you see from an economic perspective about what might happen because of what's happening here with the excess deaths.
ED: Yeah, let's start with the macro. So the macro, these numbers are big. They're not small. I talked about this. Let's just use the U.S as an example. Disabilities in the employed, 1.2 million. It's probably higher. The unemployment rate is 3%. There's about 100 million employed in the country actually doing jobs. That's a big number. So a lot of the wage, or the help wanted ads and labor shortages you're seeing are not the great resignation, they're not millennials getting lazy or people going on disability just to get collected check. It's actually happening and it's going to affect our economy for years to come because with labor shortages, that's wage inflation. So inflation is kind of here to stay. There'll be periods of deflationary bouts with inflation, but we're going to have labor shortages and that augurs poorly for all sorts of goods and services that we've taken for granted and it's going to cause supply chain breakages, which we're already seeing. I'm hearing anecdotal stories from radiologists, who have heard what I'm talking about. And they say, “yes, we have a shortage of radiologists because the hospital industry was mandated fully to take these jobs.” We're not able to get these MRI cat scans in a timely fashion. So diagnoses are being delayed. So you just start to multiply these little things across the economy. Our world's going to change slowly. And one of the examples I offer on Maui is my Audi A6 was a hit at a stop sign and it was a fender bender. My radiator was damaged, but it wasn't junk the car, kind of damage, I could have gotten it fixed. But because of the labor shortages in the auto body shops and the part shortages and the shortages across the food chain, the decision was made by my insurance company to junk the thing. After July 14th was the accident, in November, I got my check for way more than the car was worth because they can sell it for parts. And this is kind of the strange thing we're gonna see. Empty shelves, just shortages of all sorts of first responders. It's going to kind of become third world ish in a way, if that makes sense from a macro standpoint. And then you go down to the industries. Obviously, the insurance companies are still asleep at the switch. I was listening to their Q2 conference calls and Q3 conference calls, and in Q2, they predicted excess mortality would start to go down and get more normalized as time went on, but that's not happening. So, in the most recent quarter, a couple of companies had some really bad results. Lincoln Financial, which is a big insurance company, their 30 percent in a day. And if you know anything about insurance companies that kind of volatility does not happen. That's like a tech stock blowing up. This does not happen to insurance companies. We're down 30%. They had to issue pervertible conferred bonds to recapitalize. And they got in trouble because they got their excess mortality assumptions wrong. And they have a policy called universal life, which is a lot. You're allowed to lapse the policy. Their lapse rate assumptions are off because people are not lapsing the policy. They're hanging onto it. Why do you think statistically, more people are hanging on to it because you're getting sick. And so, Lincoln Financial is just, I think, the Bear Stearns of the financial crisis before Lehman. So, Lincoln Financial is a harbinger of what kind of pain is coming for insurance companies, unless they wake up, and they don't seem to be. Well what can they do if they wake up though? I mean, how do they recap? I mean, they still have to pay out on the terms that they already agreed on the pricing for, right? Well, they have to pay, but what they can do is raise current pricing. Or take some of their profits and increase their reserve losses. What happens, that's bad is when they're surprised and they're surprised at the moment. If they continue to get surprised and continue to assume excess mortality is going to go back to normal, they will continue to lose money. So, they don't know how to price their product at the moment. That's a big problem. Their job is to price products.
AUBREY: So, I mean, if you were still at BlackRock and you had an investment thesis. The thesis would be to go short these big insurance company stocks
ED: Short is difficult as you know, but yeah. If I was a long-only man of BlackRock, I would own zero insurance companies and I would stay away from anything that's affected by labor shortages and any business model that had labor is a big part of their margin structure. I'd be thinking this way. I want to only own businesses that have not a lot of employees that are strong. That's my brain just starts going.
AUBREY: What do you think this means for, I mean, and this is a bigger question and it has a lot of different factors, but if you're going to look, we got inflation and just zooming out of the COVID. COVID being a factor in this larger picture, but just tapping into your experience in analyzing the economy as a whole. I mean, what do you think we're looking at? As an economy, what's going to happen, are we going to keep raising rates to try and combat inflation and then the stock price is going to continue to go down? Like what's the overall picture of just your best estimation of what the next few years hold from a U.S economic perspective?
ED: Yeah. So, my two partners are PhD, physicists in Portugal and Carlos has got great early cycle indicators and models. And he's been predicting, a mild recession earlier in the year as of January, February, but as of this summer into the fall, we have this expansion index, we track early cycle indicators, it's looking like a deep recession in Q1 and Q2, bare minimum gonna happen, it's unavoidable, our expansion index is at minus 90%. So it's in the cards, it's baked into the cake, you don't even need Carlos and his economic cycle indicators to tell you that, because historically, when the Federal Reserve goes from zero up 400 plus basis points in less than nine months, you can look at the Goldman Sachs financial conditions index, and it's risen by 400 basis points, and every 1 percent move in that index usually takes one to two points of GDP off the economy 9 to 12 months out. So, what's going to happen is baked into the cake. We're going into a hard, deep recession in Q1, Q2, whether it's turned systemic, I don't know. Systemic means some big financial institutions fail as a result of it. And then there's a daisy chain effect. But it's going to be like the 1990 recession or the 2000, 2001, the great financial crisis was systemic, but it's going to be hard and it's going to be deep. And we'll see what happens coming out of it. But one of the other things that I worry about is we kind of seem to be at the end of the dollar reserve system Because we saw some anomalies go on that we've never seen before. This has been the first commodity cycle, we had a 200 percent advance in the crb in a very short amount of time since the fed money printing. But what we also saw was the dollar going up at the same time. And if you know anything about commodities, cycles, they only go up when the dollar is declining because of Cryptication. We've had these two go up at the same time. So what we're seeing is a global credit contraction with a commodity cycle surge never happened before. So it's a signpost that perhaps we're at the end of the sovereign debt bubble and the guts of the system are breaking. And that's why there's all this talk of a central bank digital currency and a great reset and a new, well, I say new world order, a new monetary system. I think that's common.
AUBREY: Yeah, that all sounds, that all leads into a lot more theories about why this whole thing happened in the first place. And there's a lot of theories about finances. I mean, I think BlackRock was actually one of the first people to come out and there's a 2019 report saying that the U.S economy was facing significant threat unless a few conditions happened. One was that the government went direct and actually gave a bunch of money to the people, which of course happened during the pandemic. And also there was a way to stop the inflationary pressure of that money, just creating massive hyperinflation immediately, which was also accomplished by the lockdown of so many businesses. So the money couldn't flow in that way. And it's interesting. And just one of the threads, and this is not the topic of our podcast here, but there's a lot of people who start to link these threads and find economic motives behind the scenes here about people who really understand the economics and understand how fragile our economic system is and potentially how this situation was leveraged and capitalized upon to actually meet some financial goals that needed to be met to just. Keep everything afloat.
ED: Yeah, in 2019 those of us in the financial world were tracking the beginnings of the crack in the system. There was what was called a repo crisis in overnight lending rates that was starting in October of 2019. And credit contraction was beginning. The stock markets did go up a little higher but you could tell that was coming close to the end. And then mysteriously covid appeared in february march of 2020. And there's two types of economic downturns. There's a shock that's forced by governments or there's internal shocks. Internal shocks are worse to deal with. This was an external shock that was met with money printing. I mean, they gave the Federal Reserve an excuse to print unprecedented amounts of money, 65% growth in the money supply, and also gave them new powers to buy corporate credit that they never had been able to do. So, whether or not COVID appeared on time or was engineered, who cares? It was used as an excuse across the globe to print more money and spend like drunken sailors on the political side, for sure. And what all that's really resulted in is kicking the can down the road another two years. Here we are, we're careening towards a deep global recession. And the other thing I'd like to offer is what is going on in China. So China. My partner's, especially Carlos, wrote a book called Economic Cycles, Demographics, and Debt. And in that book, he highlighted that China was going to hit a demographic wall in 2020. Well, 2020 is also when COVID appeared on the scene, and what demographics are destiny. And a lot of China's growth had been initially funded by our manufacturing over there. So a lot of the investment and debt that was raised was money good in that it funded manufacturing plants, but then as the great financial crisis hit the last 12-14 years of that, in China has been infrastructure and ghost cities. And their population growth was able to fill those projects and service the debt, but the imploding economically and we forecast their growth rate GDP long term is going to drop to two to three percent because of this demographic wall. And so China has what we call a zero COVID policy.
ED: And if you're an authoritarian totalitarian government, that seems like an insane policy. Well, that's a good policy if you want to prevent food riots, employment riots, and just riots in general. And that's what we've been hearing about lately is the riots in China and the protests. A lot of people say it's due to COVID policies. I say it's due to economic problems. And this is just cover. And a control system. So it's a convenient control system to blame on something else other than your own failed policies and your own government.
AUBREY: And I know you got to get off here soon, although I would love to talk to you about a billion different things, but if we had to leave people with a message of some hope and some action steps they can take, just like we did to the people who've vaccinated themselves or vaccinated those they love, if someone's hearing this on the financial side and said like, all right, I was feeling hopeful, but now I'm feeling absolutely desperate. And in despair about what's financially coming, like what are some steps that people can take to actually protect themselves in an impending financial crisis, like maybe coming?
ED: Well, first, again, like we talked about for the vaccinated, fear is the mind killer. You can't be in fear. And once you get in fear, you make stupid decisions. What I've been telling people since January, February, who've asked my opinion, and I've said on some of the podcasts I've been on is cash is not a bad thing to have in your portfolio. Cash is a position. And even though there's inflation raging you've got to weigh financial assets dropping way more than the inflation. And so cash, in an inflationary cycle, it's not bad as financial assets are going to implode. And I believe they are. We've already lost 20 percent on the U.S stock market. Other sectors have been more devastated. So I've been recommending cash as a part of your portfolio. And why do I do that now, whether you go all cash, I leave that up to you. But the point I make is. When the news is really, really bad and it sounds like the world's ending, do what J.P Morgan of old a hundred years ago would do, buy when there's blood in the streets, because there will be the sun will rise on the other side, and there will be another cycle. So, cats and dry powder in your portfolio and when the news is as awful as it can be. And some stocks are down 90-80%. Start going back in or bonds. I mean, this is what the true wealthy individuals of the globe do, they accumulate cash at the top of the cycle and they buy when everyone is selling at the bottom, when the news flows the worst. Markets top on euphoria, the bottom on bad news. Now the news is not as it's not as bad as it needs to be for a bottom. I think we're going to see some sort of bottom in Q1, Q2 or Q3 of next year, but cash is not a bad place to be. That's just I don't suggest you try shorting or using futures markets just raise some cash. That's the best advice I can offer. It's free and I'm not going to charge for it.
AUBREY: Yeah. No, it's sound advice. And then metals. I mean, this was always a safe Harbor in any times of economic instability, but it seems like the metals are not doing what they used to do and they're actually trending a little bit differently now than they used to be a place where
ED: There’s two reasons for that. So Bitcoin became a competitor to gold and silver. And that's captured the imagination of a lot of young people that would have traditionally bought gold and silver if they had the mindset that the world was not as it seems. So that has been competition for assets. And secondly, I talked about the dollar going up. I think the dollar system fails with the dollar going failing up. And what I mean by that is, Credit creation causes the dollar to go down. That's expansionary for economies and whatnot. When the dollar is going up, that's a contraction of credit. So gold is tied to the dollar, unfortunately, as in silver. So, I'm not suggesting that long term, they're not great investments because there's a new system. There'll be a new trading relationship, but I think if you're gonna own gold and silver. The futures market has always been rigged, having physical gold and silver is not a bad idea on hand. Don't have it at a brokerage in a futures account. I don't think that's wise
AUBREY: Right. And real estate is probably subject to these economic conditions as well. So it's a little bit dicey to go in hard into real estate unless you're going to live there, grow food there, whatever. Do the thing and really make it a part of your life.
ED: Right. If it's a home, don't worry about it. But if it's investment properties, again, real estate is very localized, as you know. I've been telling people who are looking to buy a second home, or a rental property to wait. And on Maui, it's coming our way because I have friends who are in the real estate business and their business is bad, getting worse. So prices are stubbornly still high because the sellers haven't figured out yet how bad it's going to get. And there'll be a clearing price pretty fast sometime next year. So. Be patient. Real estate's stickier than the financial markets because sellers always think that their home is special.
AUBREY: Your home is special, everybody. It is. Ed, thank you so much. And I just deeply appreciate your work. And I hope this podcast reaches people and gives them the truth, but also some hope about how we can weather the storm. And if you know anything about the human history, we've weathered a lot of different storms, every plague and pestilence and war and calamity and authoritarianism and everything. We've weathered it all and we've always come through. And I believe in people and it doesn't mean we don't have to take action and let our voices be heard. But also I just have a deep faith that we're gonna come through this. Times may be tough, but pull together pull tight, keep your heart open and stay out of fear and let's do this together.
ED: Absolutely I believe a renaissance is on the other side. So from all great evils, great goods usually come, it's a cycle of human history. Unfortunately, we've had a great evil the last couple decades and on the other side, we'll have a renaissance is my hope
AUBREY: Let's go. Let's go. Thank you so much, Ed deeply appreciates you. The book is called Cause Unknown. It's available on amazon. And just be ready for an emotional ride. If you take a look at this book cause it definitely hit me really hard. Thank you so much, everybody for tuning in. We'll see you next week. Thanks for tuning into this podcast with Ed Dowd. We talk a lot about numbers and I wanted to anchor at the beginning, how emotionally impactful these numbers are. Every number being a human life and to just hold the utmost compassion for your neighbors, for the people who agree with you and disagree with you. And in these trying times, we all have to come together in a way that is revolutionary. And the revolution is going to be a revolution of solidarity. And I just invite everybody to look at all of this with that type of mindset and know that divisiveness is the enemy to the renaissance. That we know must come on the backside of everything that we're experiencing here. So thanks for tuning in. I appreciate you guys. And I'll see you next week.