Division by zero is not allowed, even in the limit. We can't just say $\lim_{x \to 0}\frac{1}{x} = \infty$. The limit doesn't exist because approaching from the positive side and negative side yield results as different as you can get.
But, there is a circular number system where this does become possible. You then require the number line to be the limit of a really large circle instead of an infinitely extending straight line. Hence, $\infty$ and $-\infty$ become the same and the problem of the limit not existing goes away.
First, what is this circular number system called? I remember reading about it a while back, but can't find it anywhere now.
Second, being able to divide by zero is a nice ability. So, why don't we switch to this circular number system? What are the cons?