Jim Rogers: We're going to have the worst economic problems of our lifetimes

Fearful of trade war

Renowned investor Jim Rogers has forecast the next financial crisis will be the worst in our lifetime where governments and countries could "disappear" and said people should start to "get very worried".

In a podcast interview with MacroVoices Erik Townsend, billionaire commodities investor Rogers (pictured) forecast firms disappearing, in the same way that Lehman Brothers and Bear Stearns failed during the 2008 financial crisis, and said the same could happen but on a much bigger scale. Rogers said: "Get prepared because we are going to have the worst economic problems we have had in your lifetime or my lifetime and when that happens a lot of people are going to disappear. "In 2008 Bear Stearns disappeared, Bear Stearns had been around over 90 years. Lehman Brothers disappeared...