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Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Comment by ScarletSpideron Feb 08, 2018 9:26pm
160 Views
Post# 27530871

RE:RE:RE:RE:RE:RE:Huge

RE:RE:RE:RE:RE:RE:Hugebusinesses can either keep biatching about the potential interest rates going up or do what they will inevitably do and suck it up accept that the borrowing costs are going to where the Government decides to hold their interest rates. As with in the past, companies will either have to build in any extra costs into their products and services and pass it onto their customers or they will absorb it knowing that people only have so much to spend on their goods. 

The interest rates will also be problematic for homeowners with existing mortgages and these more so than the businesses i feel for as a slight rise can put them in real problems but with this being said and not to sound unsympathetic they too will figure out ways to make them work.

At the end of the day what is the most important as far as I am concerned is jobs jobs jobs where the employment records remain healthy and so far despite my not being overly happy with the Trump presidency it looks like they are at least not reversing and damaging the growth that Obama managed to establish. In truth both Trump and Obama have done a good job in this area and now Trump needs to make sure things don't collapse. Regardless, jobs isn't enough in themselves you need to get more monies in peoples' pockets so that they will have more to spend and that will result in a multiplier affect with the markets keeping healthy. Additionally, there needs to be a healthy balance in domestic and foreign employment, it is silly for any government to come down too hard on this and raise tariffs. I don't however disagree with charging domestic businesses higher taxes if say more than 20% of one's business is conducted overseas, i actually applaud Trump on this as much as in every other way i can't stand the guy and how divisive he remains at this time.

I had read an article where this is a good time to get people building infrastructure which Trump hasn't done a good job with. Quite honestly, even the Canadians haven't done that great of a job on this issue as well.

In any case, this turbalance according to what i have been reading will be temporary and there will be a positive reversal again but there will definitely be volatility.
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