What's the fallacy in this proof that 0 = ∞?

Let us start with the obviously true equation:

1 + 2 + 3 + 4 + ... = 1 + 2 + 3 + 4 + ...

Subtract the same from itself, as follows:

....1 + 2 + 3 + 4 +...= 1 + 2 + 3 + 4 +...

...-1 - 2 - 3 - 4 -.......=.....- 1 - 2 - 3 -

ending up with:

...0 + 0 + 0 + 0 +....= 1 + 1 + 1 + 1 +...

or 0 = ∞.

What's the fallacious step?

Update:

aw come on, Santosh, don't make this one so easy. Still, anyone else care to expand on this?

Update 3:

Entire pseudo-philosophial arguments have been put forth based on such mischief.

Update 5:

torquest, about that yanked question, I'm preparing a new and improved version. But first, I need to get back from an overseas trip.

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