January 18, 2026

Athens News

News in English from Greece

Breaking report: “Covid-19 vaccines have caused millions of deaths and disabilities, and caused $147.8 billion in damages”

A new report on the health damage caused by mass Covid-19 vaccinations reveals that in 2022 alone, 26.6 million people suffered side effects, 1.36 million were disabled and 300,000 people died, which will cost world economy of almost $150 billion.

Phinance Technologies, a research firm founded and run by former Blackrock portfolio manager Ed Dowd, Yuri Nunes (PhD Physics, MSc Mathematics) and Carlos Alegria (PhD Physics, Finance), has divided the impact of vaccines into four broad categories to estimate human costs:

  1. no effect or asymptomatic persons,
  2. those who have received health problems (mild or moderate outcome),
  3. those who remained disabled (severe outcome)
  4. death (extreme outcome).

Vaccine-related disability and injury data are obtained directly from the Bureau of Labor Statistics (BLS), while excess mortality data is obtained from official U.S. mortality data using two different methods.

It is important to note that people from one category (health problems, for example) may move into later categories of severity – something that is not taken into account in this analysis. The report says: “There may be people who had no visible effects after vaccination, but they could still be affected. People with mild problems after vaccination may develop severe problems over time, up to disability or such an extreme outcome as death.” .

Analyzing each of the above categories, Phinance determined that the direct economic cost associated with post-vaccination health problems is $79.5 billion in 2022 and $52.2 billion for those with severe disabilities.

In terms of mortality, Phinace used an average annual absolute increase in excess mortality by 2021, which was 0.05% for the 25-64 demographic, representing US$5.6 billion in lost productivity.

Overall, they identified a total “economic cost” of $147.8 billion in 2022 due to Covid-19 vaccines. As Dowd points out, these numbers are only what can be measured at present, but “the multiplier effect is huge.”





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