So yesterday there was a heated debate in the office about the economy; moreso the UK than the American or global economy. Anyway I was wondering: is this current stage (I think most would call it a downturn, verging on a recession) natural or has it been caused by exterior forces such as people having been allowed ridiculous amounts of credit with no real means of paying. I couldn't get any information from google but I was wondering...since we've had about ten years of a boom/upturn are we not due a downturn anyway? Or is it that the coming downturn is a lot more severe than it would have been if credit had been properly regulated and controlled? Just curious.