FormerXBC Inc XEBEQ

Industrials

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

GREY:XEBEQ - Post by User

FormerXBC Inc > Stop quibbling back and forth

<< Previous

Bullboard Posts

Next >>

Comment by Gann999on Jul 14, 2022 12:24pm

79 Views

Post# 34824471

RE:RE:RE:RE:Stop quibbling back and forth

I think you are ignoring the fact that many have built up years worth of equity in their homes already and are not in the dire straights that you make it seem like. Unless you maxed your borrowing potential on variable rates and just bought your home in the last 1 or so the rising interest rates are just an inconvenience and yes your house is worth less so what.

babedinkleman wrote:
tamaracktop wrote:

This bear is past middle-aged.

I think you're underestimating the long term financial fallout from what is currently going on in the world. We've never seen anything like this or had those in power willing to destroy their own countries and citizens financial well being to support ideologies that are doomed to fail. As I mentioned with housing.....the fallout from rising interest rates has barely started. I've never seen interest rates this low this long in my lifetime and there are now so many people locked into inflated home debt they can't afford and soon not to be even backed by it's asset it's scary.