The trader Alessio Rastani speaks in a BBC interview about the development of the Euro zone and his predictions are quite severe. He predicts a crash within the next 12 months but is also telling people that this can be an opportunity for those who are prepared.
Please take a look at the video before answering. I also transcribed those parts who seemed most important to me:
I am fairly confident the Euro is going to crash and it's going to fall pretty hard <...> What I would say to everybody is - get prepared! <...> People can make money from this, not just traders. What they need to do is learn how to make money from a downward market. The first thing people should do is protect their assets, protect what they have. <...> The biggest risk people can take right now is not acting.
He says that people need to learn how to make money from a downward market and protect their assets. What does he mean by that? How can common people like me, living in Europe, benefit from such a scenario. He mentioned hedging strategies and treasury bonds. Is this the way to go?
P.S.: My favorite quote: "The governments don't rule the world, Goldman Sachs rules the world."
Important Edit: The guy in the interview seems to be an impostor as DumbCoder pointed out. This changes how serious you should take this interview. The main question still stands - if you think the described scenario still comes true, how do you prepare? Is he right when he says that you can actually benefit from a downward European market?