Examining "Lo La Fatimah" narration from verbal view point

One of the blights of religious and religiosity is the issue of exaggeration about the prophets and religious diviners and leaders. This issue has been in previous religions and Allah has interdicted it in Holly Quran. The infallible Imams have fought against it as well. In our time, fighting against this blight is one of the bonds of religious scholars and sages. Narration is one of the ways through which exaggeration infiltrates into religion. The famed following phrase is among the exaggerated narrations from the Holly Prophet Mohammad "upon him and his family be pray and peace" from Allah:Ahmad, if you had not existed, I would not have created the existence. If Ali had not existed, I would not have created you and if Fatimah had not existed, I would not have created you both.
By precise examination, it was revealed that firstly; this narration does not hold a well-ground documentation and source. Secondly, in terms of content and significance, it holds serious flaws as well, since the mentioned phrase contains three parts, The first part (narrated by Shia), (if you had not existed, I would not have created the existence), is validated with accurate verses and narrations and common sense and the Sunni, but the other two parts is contradictive with Holly Quran, the Sunni and the common sense and consequently is not acceptable. Some has endeavored in order to justify it in one way or another. We have examined the justifications as well and it was clarified that the mentioned justifications from these two parts of the narration are unacceptable.