That is when the leading edge of baby boomers start enrolling in Medicare & Social security. The Social security trust fund IOUs have to be paid by the treasury. Treasury will be compelled to borrow increasing amounts just so that medicare & social security checks can be sent out. That increase in debt will enter the economy as inflation. That will in turn lower $ exchange rate causing further inflation in imported goods. This is all pretty much on autopilot and their is no way out. If you think this housing bubble is a problem, you should see some of those numbers. They are in tens of Trillions. That is 13 zeroes.
