@scottalanmiller said in Buying vs Saving Economic Theory:
@Francesco-Provino said in Buying vs Saving Economic Theory:
@Dashrender said in Buying vs Saving Economic Theory:
I have no clue what that state of the economy of Italy is, but I do recall hearing about how poor the internet infrastructure is there.
Not that I (as a US citizen) can say much.. in non cities, it's pretty horrible too.
In the little cities of Sicily is not that good (7-20Mbit ADSL), but we're going to get FTTC (50Mbit and up) this year in almost every city with >10k peoples. The big cities (>200k) are all already covered with FTTC, an the biggest one are already on full FTTH with connectivity up to 1Gbps.
It's comea long way quickly. Italy was terrible a few years ago.
Maybe it was just… not cheap. You can have HDSL 8/8Mbit everywhere in Italy from ~2006. As of today, you can pay the telco to do an FTTH link to any site in the whole country, up to at least 10Mbit. 100Mbit for the 99% of the country, I think. 80% can get 1Gbit, for sure. Price are very high, but of course is technically possible. I'm following a project of connectivity upgrade to a custom 10Mbit FTTH. Of course band is totally guaranteed, so is packet loss (< 10^-4), latency (<30ms), jitter (<40ms). Real value are something like 4ms of latency at max.