I picked up this piece of information from the BBC news on Iran celebrating the global melt down. See here.
"This is the only economy in the world - indeed possibly in world history - in which you can borrow money from the bank and then receive a higher rate of interest by depositing it in the same bank.
Mr Ahmadinejad, who says he is proud of his ignorance of economics, also seems to believe the laws of supply and demand do not apply to the Islamic republic."
As Calvin says, "Why waste time learning, when ignorance is instantaneous?"
Note: The picture used here belongs to Scott Liddell. Please go here to see more such photographs.
Saturday, October 11, 2008
Ignorance Is Bliss
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