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You are talking populist millennial vs baby boomer (I am not) but I am referring to existentialist issues for people over 50 now and in the future while you are talking the happy few %. When people like you or me are elderly, this will look like a shitshow if we do not fix this, is the point.

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I think the only way for Europe to become a shitshow is by continuing to add immigration.

In Japan 40% of population is over 65. It's extreme case of aging.

Yet they are doing perfectly fine with virtually zero immigration.

> Yet they are doing perfectly fine with virtually zero immigration.

They've been in a recession for 30 years.

And yet still one of the highest GDP

Japan hasn't been in a recession for 30 years. They have been stagnant for 30 years. That's not necessarily a bad thing, depending on your viewpoint.

https://tradingeconomics.com/japan/gdp-growth

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