RT XXC Benard (@vbenard)The roots of the phenomenon lie in history.In the 1000-1500 Era, Northern Italy belonged to the germanic holy roman empire. Since they couldn't manage it from Aachen, they created a very decentralized form of government where each province was free to develop prosperity, and had just to pay an annual flat tax to the germans so the German helped them to fight against non christian invaders.And there was one independant "stitch" in their oligopoly: the independant republic of venice, m ...

Group 1 - Common financial advice such as "cut out lattes" and "pay off all debt ASAP" may not always lead to real financial progress [1] - Paying off a mortgage early can tie up liquidity, potentially causing cash shortages during investment opportunities or emergencies [2][3] - Maintaining a balance of debt can be beneficial; properly structured real estate lending may yield better returns despite high consumer debt levels [4][5] Group 2 - Many investors delay estate or trust planning, which can lead to significant legal expenses and delays in probate [7] - Focusing exit strategies on refinancing can be detrimental, as market changes or stricter lending criteria can hinder refinancing opportunities [9]