Coincidental? Economic Collapse coincides with Obama Presidency

Is it just a coincidence or did the realization back in July and August of 2008 that Barack Obama would become the next President trigger the economic collapse?

All of a sudden like, the economy is in dire straits.  One day it's fine, the next day it's not.  It seems to me that this could have been forestalled to January or February of 2009, but perhaps those in power realized the only way to save the economy was to announce its imminent decline ahead of time so they could actually do something about it before they became outnumbered. 

One of several things is going to happen:

1. In a few months the economy will be fine and new millionaires/billionaires will have been created through a strategic shift in wealth - from banking and oil to green and labor. 
2. New Government spending is going to bankrupt the country when people realize they can get everything they need from this new government without working for it.
3. It's going to get a lot worse before it gets better, provided the collapse is real. 
4. People have gotten used to spending and getting what they want, they will not be able to manifest the discipline necessary to live within their means, credit card debt will soar and personal bankruptcies will follow.  This holds true for the US and other parts of the world.

There is nothing wrong with the economic forecast.  Think population economics.  You probably think there are 6 billion people on the planet, right?  The number is fast approaching 7 billion, we're close to 6.8 billion right now.  The US economy alone grew by 1.3 percent last year.  We can't even keep up with the demands placed on us by 6 billion people, imagine another 1 billion on top of that.  A billion is a very big number.  Do you know how many hamburgers or how much Mac 'n Cheese it takes to feed an additional 1 billion people?  Do you know how many workers and businesses it takes to keep people housed, clothed, fed, educated, and so forth?  Or how many of that extra billion will want to buy an iPod? 

It only appears that the world is suffering through an economic collapse at the moment because people are scared, they're not buying anything because of fear.  The fear is causing their present reality, which is in turn causing real problems in the economy.  Take away the fear, and the economy will rebound.  I thought an Obama administration promised not to lead by fear? 

Does fighting a war in Iraq and Afghanistan cause fear?  No.  Does the idea of an Obama Presidency and investors losing money on Wall Street cause fear?  Apparently.  But for different reasons.