Hypothetical scenario: I strongly suspect that within the next few months, a relatively wealthy, medium-sized faraway country will experience a severe economic downturn, collapse, maybe even civil war... I'm unsure how bad things will get, but I know they're going to be bad. Furthermore, I believe that the crisis will originate in a particular important sector of the economy, e.g. agriculture. Suppose that I live sufficiently far away that any fallout from this crisis will not affect me very much.
What would be a profitable, relatively safe investment strategy in such a scenario? Let's say I have a moderately large amount that I want to dedicate to this (e.g. $250,000). Clearly I want to diversify, but I'm curious what methods and which instruments people choose in such cases. I was thinking about the currency of the state in question or stocks of the main agriculture-related companies located there.