Quote:
Originally Posted by polak
What? Kids that are born in the next 10 years will be around in 100 years. Their kids are the ones who are going to be facing a potential Alberta without nearly the same demand for Oil.
Alright, 100% was obviously an exaggeration but you can put a pretty good guess on where demand for oil as a combustion trigger will go in 100 years considering the direction that technology is going in and environmental impact.
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Ok, kids born today, they have kids in 30 years (loose average), these children are in the workforce 50 years from today (two generations) and out of the workforce 90 years from today.
Your grandchildren would be retired in 100 years.
If you can't figure out generations, I don't put much weight in your economic planning.
Crap source, but the first I could find in a hurry:
http://www.ancestry.co.uk/cs/Satelli...=1265124426382
Generation is defined as 20-25 years.