[President Smith said that the conditions after the war would be "dreadful" - David H. Horne]
[For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark. (New Testament, Matthew 24:28)]
Yes, the FED is printing money and getting the US in debt that we can never repay. There is no way out of the hole we are digging. That said, there will be no collapse before war. The FED can continue to print money and bail Europe out until war comes. The threat of economic collapse is providing cover for the elite to prepare for nuclear WW3. However, when the elite come out of their bunkers, they will claim that Russia and China deceived them and that they had no idea Russia and China were expanding and modernizing their nuclear capability while the US has been unilaterally disarming.
After the attack on the West by Russia and China, the scheme is to trick the US into giving up our sovereignty to NATO to prosecute this war against the great communist threat. Thus we walk right into the globalist hands. The UN and their global warming/carbon tax is another bogie man which is meant to distract us from giving up sovereignty to NATO.
The FED will still print and bail out the world until Russia China deal the decapitating nuclear first-strike on the US. They know Obama is weak and carries the nuclear football and would stand down after a first-stike. US missiles are off "Launch on warning". Russia and China will likely not pass up on the opportunity to strike a weak president.
The threat of economic collapse is real but a cover. The FED knows they can keep this bailout game going until war (WW3) when they will just walk away from their debt, do a global reset and start over.
That said, before WW3, the globalist still need to confiscate weapons in the US. Russia and China can't effectively invade the US and martial law cannot effectively be maintained if everyone is armed. So, there still needs to be some orchestrated event to motivate an attack on the second amendment. The random school shootings we have seen thus far were enough to rid guns from Europe but not the US. Some have postulated that a limited collapse of the EBT system would generate instant riots and the sort if violence that could lead to gun confiscation. (this has been tested). I just can't imagine what civilian force the President Obama referred to that would do the door-to-door confiscations. We have seen these operations tested following Hurricane Katrina and the Boston Bombings.