Last week, right in the midst of the greatest financial crisis to hit our modern times, I was stuck way up in northern Minnesota----and felt by the way pretty helpless to give any instruction, which in fact turned out for the best.
Right in the middle of the frenzied discussion on Saturday morning at Betty Lou's Coffee Shop in Normal, Mn....right in the middle of quite a bit of hand ringing of the guys as to whether their cd's would be good at the local bank, one young high school freshman, smack dab in the middle of his algebra homework at one of the side tables, raised his hand in the middle of the discussion.
"Why not just quadrupple it? he shouted. Make it Debt to the 4th. Rather than cube the debt------ quadrupple it?
The crowd at Betty Lou's was just stunned. How come they had not thought of it. Just add another layer, just like they would clothes in the winter time. Kind of a layered look---not lawyered look---the layered look.
The guys were pretty wild and crazy about the idea. They all rushed to the phones to call their congressman.
Just then, the tv in the coffee shop in the upper corner flashed the latest news---it seems that their idea had travelled mysteriously all across the world and currently was being implemented in Spain...and then the total European Community. The guys were just speechless.
"This must be a miracle", Herman shouted.
Everybody went wild. And ordered another round of strong coffee, with extra sugar and whipped cream.
See. Just a little of good old common sense...from the downhome northern tundra...could go a long way to solve the handwringing of a few million worldwide. Ya just never know when a little algebra might help.
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