So the wealthiest nations need immigration or their elderly will eat dogfood. Then presumably the elderly in other nations simply die upon retirement? Since their nations are both less wealthy and don't benefit from immigration, what other possibility is there?
In other countries? Either the government goes further into debt to support the elderly or they return to elderly moving in with their kids to support them.
Singapore is facing this. I can remember the exact numbers but there were 8 working age people for every senior in the 70’s and by 2040 it’ll 2 to 1.
So basically either younger folks face higher taxes or the elderly do without.
