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Pentagon Has Been 'War Gaming' for Economic Disaster Since Early '09

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"We were allowed to fight with financial weapons only..."

While we learned yesterday that the U.S. is preparing its domestic response to a potential economic collapse, the bigger story might be that the U.S. has been playing such "war games" for almost two years.

"The Pentagon sponsored a first-of-its-kind war game last month focused not on bullets and bombs — but on how hostile nations might seek to cripple the U.S. economy, a scenario made all the more real by the global financial crisis." That's how Politico reporter Eamon Javers (now with CNBC and who brought us Monday's report) began an article dated April 9, 2009.

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