When the market finally says to these guys, we do not care, we are not going to take your paper money, we are not going to take your bonds, we are not going to play anymore, then what are they going to do?
When printing money does not do any good, when spending money does not do any good...
Then that is a disaster, that leads to revolutions, dictators, wars, all kinds of disasters. Be sure to have some money diversified out of your own country.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.