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Unformatted text preview: o 1970-2002, hours worked rose by %20 Americans started borrowing o Borrow against the house o Sub-prime mortgages o Credit cards o Avg level of debt exceeds income The Meaning of Trauma for Business Not just wall street Pay workers the same while they produce more Paid themselves large bonuses and wages Mergers and acquisitions Bust and No Boom in Site lunacy of the business society invested in new internet o led to stock market crash in 2000 17:48 17:48...
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- Spring '08