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Loan Modification

: Mortgage Lender Implode-o-Meter

ECB president Jean-Claude Trichet's rate retreat on commodity spike

By Implode-Explode Heavy Industries

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``The European Central Bank (ECB) has taken a strategic gamble that the current surge in food and commodity prices is not a repeat of the inflation virus of the 1970s and will subside without the need for a monetary squeeze. ''

Full post as published by Mortgage Lender Implode-o-Meter on February 04, 2011 (boomark / email).

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