The argument goes as follows. If these power series converged for small positive αα, they would have a nonzero radius of convergence, so they would also converge for small negative αα. Thus, QED would make sense for small negative values of αα, which correspond to imaginary values of the electron’s charge. If the electron had an imaginary charge, electrons would attract each other electrostatically, since the usual repulsive force between them is proportional to e2e2. Thus, if the power series converged, we would have a theory like QED for electrons that attract rather than repel each other. However, there is a good reason to believe that QED cannot make sense for electrons that attract. The reason is that it describes a world where the vacuum is unstable. That is, there would be states with arbitrarily large negative energy containing many electrons and positrons. Thus, we expect that the vacuum could spontaneously turn into electrons and positrons together with photons (to conserve energy).