Tags: Newsmax TV | economy | finances | collapse
Image: Chilling Documentary Warns of Economy Approaching 'End of the Road'

Chilling Documentary Warns of Economy Approaching 'End of the Road'

By    |   Wednesday, 27 May 2015 01:32 PM

Is our economy headed for total collapse in a financial disaster which could occur virtually overnight without warning?

"End of the Road: How Money Became Worthless," airing at 3 p.m. ET Sunday on Newsmax TV, is that warning, presenting the frightening scenario that the economic crisis of 2008 is far from over and, in fact, America may be headed for a much more devastating monetary situation in the near future, when the dollar essentially becomes worthless and America's citizens are left holding the bag.

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With our national debt increasing by $3 million every minute, this straight-talking, 55-minute documentary sounds the alarm that "the public's distrust of the current economic climate is most definitely warranted," and states, "This story of a flawed economic system is a must-watch for anyone wanting to understand the long-term consequences of the U.S. government's short term and irresponsible policies."

President Nixon's removal of gold's backing for the U.S. dollar in 1971, the documentary states, allowed "limitless spending" by the government, which has "run a deficit ever since, functioning on ever-growing loans in a snowballing 'Ponzi scheme' invested in by other countries."

Financial analyst and author Peter Schiff warns, "I think this is the end game — an absolute failure not only for America but for the entire world," and predicts, "Everybody has tethered their ships to the Titanic of currencies, and so we're all going to go down."

As this chilling documentary warns, "Billions in bailouts, trillions in stimulus programs, zero economic growth" inevitably is leading to an impoverished tomorrow where no one will want to live.

The documentary adds to the diverse programming featured on Newsmax TV, the new lifestyle, news and information channel.

Newsmax TV is America's fast-growing news and information channel, now carried in more than 40 million U.S. satellite and cable homes.

Watch Newsmax TV on DirecTV channel 349, Dish Network channel 223 and Verizon Fios 115, via OTT devices, as a free app on iPhone (iOS), Android and other smartphones, and at NewsmaxTV.com.

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Is our economy headed for total collapse in a financial disaster which could occur virtually overnight without warning?
economy, finances, collapse
339
2015-32-27
Wednesday, 27 May 2015 01:32 PM
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