Grant Montgomery - Rants on the Economy

Former Labor Secretary Robert Reich said he could explain the problems with the economy in less than 2 minutes, 15 seconds—and he did it (w...

What will happen the day the US Dollar dies? Click here to see the news before the news happens:

John Allison, who for two decades served as chairman and CEO of the nation's 10th largest bank, told CNSNews.com it is a “mathematical c...

The dollar's slump could get far worse if the dollar index takes out last year's low, Robin Griffiths, technical strategist at Cazen...

According to RealtyTrac, in September banks repossessed a home roughly every 30 seconds. Every 30 seconds, banks—many that received funds fr...

Why are so many jobless and underemployed in America? One clue is that US corporations are now hoarding all their cash instead of investing ...

We all know about TARP, the Troubled Asset Relief Program, which spent $700 billion in taxpayers’ money to bail out banks after the financ...

The Great Recession has dramatically shrunk the time left to prevent a full-blown sovereign debt crisis as the demographic time-bomb thre...

New poverty figures to be published in September: More than 15 million Americans are unemployed, homelessness has increased by 50 percent ...

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression. And says Robe...

The recession has directly hit more than half of American working adults, pushing them into unemployment, pay cuts, reduced hours at work...

The rally that recently ended in April 2010 came after a crash that was actually slightly more severe than the 1929 crash (53% versus 4...

Under the Obama administration's current fiscal plans, the national debt in the US (on a gross basis) will climb to above 100 percent...

France's banking sector has the second-largest exposure to Portugal and Spain debt loads, after Germany, according to the BIS. And...

The eurozone "lurched towards the endgame" as Standard & Poor's relegated Greece 's sovereign credit rating to "j...

It is evident that the economic crash wasn’t a crash for the people who caused it. While the 99% have suffered from the economic crash, t...

Federal Reserve Chairman Ben S. Bernanke has warned that Americans may have to accept higher taxes or changes in cherished entitlements s...

Former IMF chief economist Simon Johnson warns: "We're running out of time ... to prevent a true depression."    Johnson...

One of the world's leading economists said that the very structure of the Federal Reserve system is so fraught with conflicts that i...

With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress that the United States could soon face a debt...

In its report released last week, the Congressional Budget Office (CBO) projected there will be $6.074 trillion in new national debt ov...

Several European countries --f irst Iceland, then Ireland , now Greece,etc. -- are mired in inescapable debt and bankrupt nations, ...

If China, Russia and OPEC sold their U.S. Dollar surpluses, they would inflict losses in these holdings on themselves in the process of ...