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Via Greg Hunter’s USAWatchdog.com,

Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com is back with an update of a report on “Danger of Deep Worldwide Recession in 2025.”  

It was not just heavy government spending on illegal immigration, but “mind shocking” fraud that has been revealed with DOGE (Department of Government Efficiency).  

Investigators have uncovered $115 billion so far with many hundreds of billions more to be exposed.   Dowd says, “Both sides of the aisle are probably going to have problems…"

The result, says Dowd, was the US economy was propped up when it should have already tanked.  Now, all this spending on this illegal invasion is going away.  Dowd says, 

Dowd also see a recession coming as the government downsizes, illegal alien funding gets cut and illegals continue to self-deport.  Dowd says, 

There is good news with the spending cuts, according to Dowd, and that will come in the form of lower interest rates in the bond market.  

Dowd still likes gold as a core asset and does not see Trump tariffs as inflationary.  

Dowd says the problems with tariffs are “overblown” and are a negotiation tool to get fair trade for America around the world. 

Dowd sees “deflation” and possibly a short but “deep recession” coming before inflation.  

A possible black swan event is an intensified war in Ukraine and no peace deal along with the EU getting deeply involved in a war with Russia.  

This could be a plus for the US if it stays out of the conflict.  Dowd says,

There is much more in the 50-minute interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with money manager and investment expert Ed Dowd, as he talks about massive crime and fraud that President Trump will stop and give way to a “Danger of Deep Worldwide Recession in 2025” for 3.22.25.

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If you want a copy of Dowd’s new report called “Danger of Deep Worldwide Recession in 2025,” click here. There is lots of free information on Dowd’s website called PhinanceTechnologies.com. You can order Dowd’s updated book called “Cause Unknown” by clicking here.