One of my key takeaways from the World Economic Forum in Davos, Switzerland, and a day in Frankfurt, Germany, spent meeting senior ECB officials is that there is a reasonable likelihood of further monetary easing — and liquidity firewalls - around the world given the existence of fiscal drag, with austerity and downside growth risks. - in RGE
Related, iShares MSCI Germany Index Fund ETF (EWG), iShares MSCI Italy Index ETF (EWI)
Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.