Monday, October 13, 2008

Finally! I got it figured!!

What was it that the old adage said - I am slow, my boss is thorough!

Right, I am slow, but I am also thorough! I have finally figured what was it that led to the global financial meltdown. Here goes:
  1. you buy a lot of stuff which is of zero value
  2. you sell these for a price to a bunch of people
  3. these people then sell them off to others at a slightly higher price
  4. and this goes on ad infinitum
So, it's all a matter of maths really - the equation would go something like this:

fn (wealth) = (value of initial stuff bought) to the power infinity

In elegant mathematical symbolical representation, the equation looks like this:

fn (W) = (0) ^ ∞

The whole problem was a misunderstanding. If you solve the equation, do you get 0 or do you get ∞?

Now, to wait for my phone to ring to tell me they're giving me the Nobel! In the meantime, I am open to offers of lectures and keynotes.



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