Global financial crisis II

Here's one for the conspiracy theorists.

Has the current credit crisis been orchestrated by the worlds bankers to enable the first steps towards a new world order.

We have already seen a joint interest rate cut across the world from the USA, Europe & China and calls for more joint action to resolve the matter. When in reality the root of the problem is that the banks will not lend to anyone and to each other no matter how much government are giving them to persuade them to do so.

Are we going to see further global co-operation to solve the problem, followed by increasing global actions and legislation to ensure this does not happen again, which will constantly be updated until at some point the politicians say that all our financial systems are now so interlinked that we need one world government to administer it.

Now I admit I am not an economist, but it seems to me that the solution is obvious – legislation to, at least temporarily, force banks to lend a percentage of their total worth to other banks, underwritten by the governments.

That way liquidity is restored any the risk is removed from the banks.