A secretive meeting of the top central bankers is meeting in Sydney at the moment. It is not being widely reported however.
Here's the news.com.au report.
Heraldsun report
LATEST UPDATE 09 02 2010
It is speculated that Ben Bernanke will attend, but is not confirmed. Why are they meeting? Who called the meeting? Does it have anything to do with the worsening debt crises in Spain, Portugal, Greece and Dubai? Could it be the sudden fall on world stock markets over the last few days? Why Sydney, we're hardly a convenient meeting point from a global point of view. Is China about to call in the debt collectors? And why the secrecy?
Many commentators have been saying that the global financial crisis will come in waves. Are the bankers preparing for GFC 2.0 ? Stay tuned...
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