This article is a fantastic comparison of Venice's rise & fall to what is happening now in the US. Read at http://t.co/1669fWdO
October 14, 2012
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The Self-Destruction of the 1 Percent
IN the early 14th century, Venice was one of the richest cities in Europe. At the heart of its economy was the colleganza, a basic form of joint-stock company created to finance a single trade expedition.