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To: Roebear who wrote (71748)	8/27/2000 10:02:46 AM
From: The Ox	Read Replies (2) \| Respond to of 95453

I have a question about consumer debt growth. As baby boomers have grown in age, wouldn't it be natural that their debt has grown as well? As folks get older, many tend to buy more expensive homes and "toys". More mortgages are drawn up that are higher than their previous notes, more credit cards are charged with higher limits, etc. Is it possible that the growth in consumer debt that so many fear is simply an offshoot of the growth in baby boomers? If so, than a case might be made that these issues won't come to bear on the market until the bulk of the baby boomer population hits retirement age. I've seen guesses that we won't have to be overly concerned about this factor until much later in the decade, as early as 2006 and as late as 2012.