The meeting was pretty much over before it started. As it turned out, it was only one day long, almost. Just long enough for a group photo op for the assembled kings of their countries. No, that’s not a slip or a typo.

Nothing happened. At least in public. A trillion dollars to the International Monetary Fund, most of which was already allocated. They just confirmed it.

And they all agreed that every country should do all they can to stop the depression, but nothing specific. No plan or anything like that.

Oh, and they activated a 50-year-old clause of the IMF Charter, which allows a supra-national reserve currency which is good only between countries, and funded it with about a quarter of a trillion dollars worth of funds, although they aren’t dollars now they’re, well, not-the-dollars. It is the beginning of the end for the supremacy of the dollar. China is very happy.

So did we have a subtle world coup? Or was it just a fizzle and a pop, and nothing worth noting?

I’ll leave that up to you.