The news reporter misses the seriousness of this by blaming it on some foreign attack by China or some other country rather than the collapse happening from within as a result of disastrous banking and government policies...
CNBC: US Military War Gaming for Economic Collapse and Civil Unrest
According to the CNBC report below, the US military is planning for a possible economic meltdown. The Pentagon is looking at a variety of economic collapse scenarios, including nation-state instability and sovereign default.
Also, the US Army is having a year long exercise called "Unified Quest 2011." In those war exercises, the Army has to deal with the implications of large scale economic break down. The Army would have to handle civil unrest and drastically lower budgets.
Although the military needs some training and planning on how to handle economic collapse and mass arrest, the good news is the infrastructure is already in place to deal with it all. The FEMA camps are built and ready for business.