I don't know about karma, but I would say that this is largely a case of bad luck. Has the defense been iffy? Yes. Has KG looked less than 100%? Yes. Have they not taken care of the ball? Yes. However, would they be 12-2 or 13-1 if shots that usually went in went in? Yes.
Would we still have those flaws? Absolutely. But would anyone be coming up with wacky trade threads or screaming that the sky is falling? Absolutely not.
I am disappointed. I thought that this team was going to give the Bulls a run for their money in the record department. That may not be in the cards. However, a plunge into mediocrity isn't a foregone conclusion. They've played poorly the past 6 games. Who cares? The season is very long and they have a lot of time to right the ship. Furthermore, just because KG isn't 100% now doesn't mean that he won't be come playoff time. Just look how Brady has progressed as the season has gone on after looking shaky the first 1/4 of the season. I'm not a medical expert, so I can't guarantee anything; however, neither are most people who are claiming he's done.
The sky isn't falling, the C's are 10-4. Hopefully they'll wake up and start hitting some shots and start to steamroll the crap teams of the league.