I took a macro class last semester, and this was an extra credit assignment. Some background - I had spent the entire semester trying to not be “that guy”, and derail the class by picking fights with my Keynesian professor (I did pretty well, I’d say). But I couldn’t resist the opportunity to submit some private jabs. Oh and in case it wasn’t obvious, his explanation for the meltdown was an increase in savings from emerging economies in Asia.
That’s really funny.
Thanks!