Wall Street Money Manager Says 'Mind Blowing' Fraud Exposed By DOGE Was Propping Up Biden Economy

Ed Dowd, a Wall Street Money manager saying that a 'short but deep' recession is on the horizon after the 'mind blowing' fraud that was taking place over the last four years.

In fact, DOGE have uncovered at least $115 billion so far with many hundreds of billions more to be exposed.

The financial analyst saying

"The DOGE revelations are mind shocking. The clear way in which the government was spending money through NGOs (non-governmental organizations) and people taking kickbacks and profits along the way is going to come out. "

He goes on to say that he knew there was rot in the system but the mind blowing way the NGOs were used to facilitate the illegal immigration blows his mind.

Adding that the 10 million plus illegals that came in over the last four years didn’t just wake up one day in Central America and say I am going to the Darien Gap and go to the Mexican border without a tremendous amount of help along the way.

Dowd says that what the government spent, and the NGO’s collected per illegal migrant is in the range of $50,000 to $100,000 – and overall the costs of the illegals are between $500 billion and $1.5 Trillion.

Because of this the US economy was propped up when it should have tanked – the housing market was held up by illegals supporting the rent prices through government handouts – which is what is making him predict a mini 2008–2009 housing issue. "