Was this recession engineered?

[CTE]

Just think about it, if you are a politician, or a snival servant cronie, what fantastic opportunities there are right now for a bargain. If you have a decent secure job, you are laughing right now.
What if the Labour politicians realised their term in office can only last so long no matter what they do, so why not engineer the recession? Get a few of the top snival servant cronies on board, turn a blind eye, or even encourage wreckless behaviour by the finanial institutions, and hey presto, a massive world wide recession which can be blamed on anyone but them. Now with their fat pay offs (curtesy of us dumb tax payers), go and bag a bargain, and you`re set up for life!

Am I being a bit too cynical??