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Ed Dowd describes how Charlie Kirk's assassination relates to "reset [of our] financial system"
Ed Dowd describes how Charlie Kirk's assassination relates to "reset [of our] financial system"
"The system is designed to fail. It's a multi-generational Ponzi scheme. &...we are at the end of the cycle... [&] the best way to not take the blame is to do... divide & conquer"
This clip of Dowd (@DowdEdward
), a former BlackRock fund manager and founder of Phinance Technologies, is taken from an interview with Daniela Cambone (@ITMTrading
) posted to YouTube on September 24, 2025.
---------------Partial transcription of clip---------------
"Look, if you're going to, reset the financial system, there'll be winners and losers. And...the system is designed to fail. It's a multi-generational Ponzi scheme. And here we are at the end of the cycle and these people are responsible for it. They know the system, they designed it.
"And they, you know, the central bankers and the politicians do not want to take the blame. So the best way to not take the blame is to do the classic, divide and conquer. And there's a great meme that I've put out there many times for years that shows a king on a parapet looking down at the pitchfork and torch people trying to get into the castle. And his advisor leans over and says, you don't have to, you don't have to fight them. All you have to do is convince the pitchfork people that the torch people want their pitchforks. It's classic. This is classic.
"And so this is, that's why this Charlie Kirk assassination, really, the timing of it. I mean, we're already great, very divided. Covid did a good job of that, other, you know, other methods, of division. But this really solidified for me that something big is coming and that our conviction and our economic call is closer than we think. I'm sorry, I know that's. They're two different. They're not related, but they are in my humble opinion."
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