global_economy-763x600History has shown that landmark decisions affecting global economy and finance are sometimes taken in the shadow of great, dramatic developments. The Bretton Woods conference took place even as Allied armies were fighting their way through France and Belgium while Richard Nixon’s famous gold shock of 1971 was driven largely by market turmoil caused by the plunging dollar and a rising Deutsche Mark. More recently, the global financial crisis (GFC) of 2008 sparked off unprecedented central bank intervention and the rise of unconventional monetary policies to lift the US economy out of recession. No such Damocles Sword hangs over the G20 leaders as they gather in Brisbane, Australia tomorrow for two days of hectic discussions. More