Business World: Financial Crisis and Hidden Hand

Current economic situation is at its worst almost in all the countries, where credit is a major source of financing. Especially, United State is at a very critical stage of time as it is at a higher risk of default and President Obama is begging Republicans (opposition) who have a majority in US senate, to support him to extend US borrowing limit to avoid possible default. This is a very serious issue not only for US itself but also for the rest of the world. In case of default, US will lose its Triple A credit rating which means very expensive borrowings. Idea of US default is horrible as it is one of the biggest Economy and has the ability to affect already suffering international stock markets and businesses around the globe and ultimately a common man either living in US or in any part of the world. International Monetary Fund warned that if the debt ceiling was not increased there could be an impact on the US dollar as well and one of the consequences could be a decline of the dollar as a reserve currency. 

It is more than three year since the economic crisis started and conditions are worsen day by day. Different people suggest different solutions to this problem but no one is looking at the reasons and source of crisis. For me it is quite strange as everything is same as before the crisis like consumers, demand, financial resources and market. Is that because of war on terror? increased population? or shift of economic power from west to east. These financial crisis seems to be artificially created by a hidden hand to gain some serious financial or political advantages.Current, US crisis are a part of that artificial game plan as the most powerful person on the planet, Mr. Obama, is  helpless like an ordinary person. The US Treasury has warned the government will run out of money to pay all its bills unless a $14.3tn borrowing limit is increased by 2 August. US politicians need to understand Its possible impact on the world and should not politicise the issue to make it a single point of failure for US economy. There is a need to serious effort to find the reasons of all that and especially that hidden hand playing with the destiny of billions of people.