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If the EU is sued by itself and needs to pay a fine, does that fine count as income and does that need to be factored into the fine? This might be the first cas
by bad_alloc 8y ago
If the EU is sued by itself and needs to pay a fine, does that fine count as income and does that need to be factored into the fine? This might be the first case of an infinite payment.
- greatersuccess 8y agoThe European Union is not its member states. Let me put it another way: the European Union is not like the federal government in the US; it's mainly an economic union. Or another way: European countries are independent, not states in a federation, and the European Union is a separate entity.
- creddit 8y agoIt wouldn't be infinite, actually: https://en.wikipedia.org/wiki/Geometric_series#Sum https://en.wikipedia.org/wiki/Geometric_series#Sum
- simonbw 8y agoEven if that were the case, the payment wouldn't be infinite. 1% + 1% of 1% + 1% of 1% of 1% ... doesn't converge to infinity, it converges to 1.0101010101...%.