The euro zone is going to be bought

We believe euro-zone companies will be bought by US or Chinese companies or investment funds because of: The far higher level of market capitalisation in the United States than in the euro zone , which enables US companies to easily make acquisitions in the euro zone; The very high level of domestic savings in China, all of which can not be used to finance investments in China, and which will end up financ ing a wave of acquisitions abroad, especially in the euro zone. We will have to get used to Americans or Chinese taking over European companies.