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To: ~digs who wrote (43290)	5/7/2006 4:12:30 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68212

Thanks for posting the link. That is the first time I have seen a prediction of when the benefits would be exhausted. As usual the press is focusing on the near term issues as opposed to the deeper, more far reaching structural issues. I wonder how much of a reaction this is really going to get. Most people know the social safety net is not going to be there when they retire. The tech boom had everyone thinking they would retire early. The real estate boom is keeping the dream partially alive. It will be interesting to see what happen when the more far reaching reality of lower real estate price become a fact of life. It won't take much to have everyone pulling back on consumption and as a result dramatically slowing the economy. Given the economy has been consumer consumption driven as opposed to export drive this time around.