That sounds more like the Hindu version to me. The Buddha redefined kamma/karma as simple human volition, not a cosmic law or principle. It's really no more profound than, 'As ye sow, so shall ye reap' or 'What goes around comes around' or 'Be careful whose toes you step on today because they may be connected to the ass you have to kiss tomorrow.' Very mundane. Nothing mystical or cosmic. The Buddha repeatedly refused to propose cosmologies or metaphysical speculations.